1134 Brown St Dayton, OH 45409

This property presents a retail investment opportunity with a NN lease structure, entailing minimal landlord obligations. The tenant is Starbucks Corporation (NASDAQ: SBUX), providing a corporate guarantee. Starbucks has occupied the site since 2007, demonstrating a long-term operating history. The lease includes rental increases of 10% every 5 years, including option periods. The property is situated in a strong retail corridor on Brown Street, adjacent to the University of Dayton, which has over 12,000 students. It is surrounded by national retailers, including Chipotle, Panera Bread, Skyline Chili, Domino’s, Five Guys, Smashburger, Buffalo Wild Wings, and Kroger. The location offers excellent accessibility with immediate access to U.S. Route 35 and proximity to Interstate 75. High traffic counts are observed, with approximately 19,000 vehicles per day along Brown Street. The surrounding area has solid demographics, with approximately 110,000 residents within a 3-mile radius and an average household income of approximately $66,000. The property size is 2317 square feet.