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Anchored Neighborhood Shopping Center
New
For Sale
$4,387,650

1200-1288 N Broad St, Fairborn, OH 45324

Neighborhood shopping center with established national and healthcare tenancy, substantial vacancy, and access to major institutional demand drivers.

Property Size91,172 SF
Days on Market2

Property Features for 1200-1288 N Broad St

General Information

Standard status Active
Size 91,172 SF
Property subtype Retail
Occupancy 49%

Site & Location

Anchor Co-Tenants Dollar General, Davita Dialysis
Traffic Count 11,526 vehicles/day

Building Details

Building Size 91,172 SF
Year Built 1958
Tenancy Multi
Listed By: Jaidyn Smith
Source: Friedmanrealestate
Added: Sep 4 Last Checked: Sep 5 at 5:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jaidyn Smith

Investment Insights

Based on property information with market context.

Fairborn Plaza is a neighborhood shopping center built in 1958, with 49% occupancy and 51% of gross leasable area currently vacant. The property includes Dollar General and DaVita Dialysis as anchor tenants, with reported remaining lease terms of 12+ years and 4.5+ years, respectively. Dollar General is identified as a top-performing store and ranks within the top 4% nationwide for annual consumer traffic.

The center is located at 1200-1288 N Broad St in Fairborn, Ohio, 14 miles northeast of downtown Dayton. N Broad Street carries 11,526+ vehicles per day. The property is within walking distance of Wright-Patterson Air Force Base, which has 38,000+ personnel, and Wright State University, with 12,000+ students.

Key Highlights

  • 49% occupied neighborhood shopping center with 51% of GLA vacant
  • Anchored by Dollar General and DaVita Dialysis
  • Dollar General lease has 12+ years remaining; DaVita Dialysis has 4.5+ years

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,526 VPD
Traffic count
49%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 81% Dining 17% Hotels & Casinos 2%
Dollar General Shops & Services
9,658 visits/mo 0.1 miles
Speedway Shops & Services
8,665 visits/mo 0.1 miles
KFC Dining
5,212 visits/mo 0.5 miles
BP Shops & Services
3,603 visits/mo 0.2 miles
7-Eleven Shops & Services
2,178 visits/mo 0.1 miles

Demographics for 45324, OH

40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Fairborn Plaza Shopping Center 1174 N Broad St, Fairborn, OH 45324

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center with established national and healthcare tenancy, substantial vacancy, and access to major institutional demand drivers.
Where is this shopping center located?
The property is located at 1200-1288 N Broad St Fairborn, OH.
What is the asking price?
The asking price for this property is $4,387,650.
What are key features of this property?
This property features: 49% occupied neighborhood shopping center with 51% of GLA vacant; Anchored by Dollar General and DaVita Dialysis; Dollar General lease has 12+ years remaining; DaVita Dialysis has 4.5+ years
More about this property
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