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Single-Tenant Dollar Tree Retail
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1905 Wayne Avenue, Dayton, OH 45410

Single-tenant Dollar Tree building with a corporately guaranteed lease and a full 2017 remodel after a fire.

Property Size10,168 SF
Days on Market121

Property Features for 1905 Wayne Avenue

General Information

Standard status Active
Size 10,168 SF
Property subtype Retail

Building Details

Year Renovated 2017
Tenancy Single
Listing Agency: Marcus & Millichap - Detroit
Listed By: John Nuzman · License #MI 6502389859
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:47AM

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 Marcus & Millichap - Detroit

Investment Insights

Based on property information with market context.

This single-tenant Dollar Tree retail property consists of a 10,168-square-foot building operating under a corporately guaranteed lease by Dollar Tree. The lease is double net, with the landlord responsible for the roof, structural components, and repairs or replacement of the parking lot. The tenant reimburses for taxes, insurance, and CAM, including a 10% administrative fee, and makes monthly contributions toward taxes and insurance. Rental increases are structured at $0.50 per square foot every five years, including each of the two five-year options.

The building was a former drug store and was completely remodeled following a fire in 2017, including the roof, HVAC, and new storefront improvements. Dollar Tree has operated at the location since 2001.

Two blocks south is the headquarters and flagship store of Dayton-based Esther Price Candies. Nearby retailers include Kroger, Walgreens, Wendy’s, and Dollar General, and the University of Dayton is less than one mile west.

Key Highlights

  • 10,168 SF single‑tenant Dollar Tree building in Dayton, Ohio
  • Lease is corporately guaranteed by Dollar Tree with an S&P “BB+” investment‑grade credit rating
  • Double‑net lease: landlord covers roof and structural components; tenant reimburses taxes, insurance, and CAM (10% admin fee)

Property Analytics

Current Use

Dollar Tree Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,558
Businesses Nearby
Under-served
Demand for This Use

Demographics for 45410, OH

15,758
Population
8,028
Households
2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
6,566
Density / Sq Mi
$46,766
Median Household Income
$36,552
Median Earnings
$950
Median Rent
$97,800
Median Home Value

Market

Vacancy Rate% for Retail in Dayton, OH

9.8% 2020
8.5% 2021
6.3% 2022
5% 2023
6.2% 2024
7.6% 2025
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Similar Off Market Nearby

  • Ray's Xenia Avenue Market 720 Xenia Ave, Dayton, OH 45410

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single-tenant Dollar Tree building with a corporately guaranteed lease and a full 2017 remodel after a fire.
Where is this grocery and convenience store located?
The property is located at 1905 Wayne Avenue Dayton, OH.
What are key features of this property?
This property features: 10,168 SF single‑tenant Dollar Tree building in Dayton, Ohio; Lease is corporately guaranteed by Dollar Tree with an S&P “BB+” investment‑grade credit rating; Double‑net lease: landlord covers roof and structural components; tenant reimburses taxes, insurance, and CAM (10% admin fee)
More about this property
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