183 Dayton Yellow Springs Rd Fairborn, OH 45324
This exceptional investment opportunity presents a fee-simple Walgreens property located at 183 E Dayton Yellow Springs Rd, Fairborn, OH 45324. The 14,490 square foot building, constructed in 2000, sits on a 1.86-acre lot and boasts a 10% cap rate with a strong NOI of $344,499. The property benefits from an absolute NNN lease with Walgreens, a credit-rated tenant with a corporate guarantee, ensuring minimal landlord responsibilities. The lease commenced September 1, 2002, and has a remaining term of approximately 2.8 years, with ten 5-year renewal options. The property enjoys a prime location, experiencing high traffic counts at the signalized intersection of E Dayton Yellow Springs Rd & Beaver Valley Rd. Its proximity to Wright Patterson Medical Center (a 300+ bed facility), Wright State University (over 11,000 students), and Wright Patterson Air Force Base (31,000+ employees and 54,000+ retirees) ensures consistent customer traffic and strong long-term potential. The asking price is $3,445,000, translating to a price per square foot of $237.75. This stabilized investment offers a compelling return with a well-established tenant and a desirable location within the Dayton OH MSA, one of the top 15 largest in the Midwest. The property has a 100% occupancy rate and a 20-year operating history with strong sales reporting.
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Walgreens Photo (Bike/Boat/Book/etc) Store
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Walgreens Pharmacy Pharmacy
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LibertyX Bitcoin ATM Atm
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FedEx OnSite Postal Service Courier Service
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.