5116-5120 Salem Ave Dayton, OH 45426

Property Details for 5116-5120 Salem Ave

Property size

144,067 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Salem Plaza, located at 5120 Salem Avenue in Dayton, Ohio's Montgomery County, presents a unique investment opportunity within the Dayton submarket. This shopping center offers multiple suites totaling 144,067 square feet, with three available spaces ranging from 14,528 to 99,294 square feet. The property boasts a highly visible location on State Route 49, experiencing traffic counts exceeding 21,000 vehicles daily. This prime location benefits from strong co-tenancy with established retailers such as Big Lots, Home Depot, Lowe's, JoAnn Fabrics, and Kroger, ensuring high foot traffic and brand recognition. The owner is motivated and open to creative reuse or redevelopment proposals, making this a rare value-add opportunity for prospective tenants seeking flexible and customizable spaces. Modern amenities and ample parking further enhance the appeal of this well-maintained property, providing an ideal environment for businesses to thrive and establish a strong presence in the Dayton market. The property's strategic positioning ensures easy access and excellent exposure, making it a desirable choice for businesses seeking a dynamic and accommodating environment to elevate their operations.

Location Insight

City

Dayton

County

Montgomery

State

Ohio

Longitude

-84.2781

Latitude

39.8164