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Retail Space Near University
For Lease
$16 SF/Yr

541 Wilmington Avenue, Dayton, OH 45420

Retail space in high-traffic corridor near University of Dayton.

Space SizeContact for details
Days on Market272

Property Features for 541 Wilmington Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Dayton
Listed By: Matthew Arnovitz · License #000319563
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 21 at 7:29AM

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 CBRE | Dayton

Investment Insights

Based on property information with market context.

This retail space offers 1,538 square feet, expandable to 2,277 square feet. It is located in a retail corridor near the University of Dayton, across the street from Hospice of Dayton, at the intersection of Shroyer and Wilmington. Traffic counts are 9,098 on Shroyer Road and 19,628 on Wilmington.

Key Highlights

  • High Traffic Counts: Wilmington (19,628) and Shroyer Road (9,098)
  • Retail Corridor Location near University of Dayton (UD)
  • Expandable Space: 1,538 SF expandable to 2,277 SF

Property Analytics

Current Use

Fence Lift LLC General Contractor Schurman's Barber Service Barber Shop Coles Custom Upholstery ... Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Building Supply

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 45420, OH

25,045
Population
12,391
Households
2
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,913
Density / Sq Mi
$56,670
Median Household Income
$41,156
Median Earnings
$918
Median Rent
$116,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in high-traffic corridor near University of Dayton.
Where is this retail space located?
The property is located at 541 Wilmington Avenue Dayton, OH.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High Traffic Counts: Wilmington (19,628) and Shroyer Road (9,098); Retail Corridor Location near University of Dayton (UD); Expandable Space: 1,538 SF expandable to 2,277 SF
More about this property
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