Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a single-tenant Kroger grocery store located at 1555 Wayne Ave, Dayton, OH 45410. The property boasts a 28,748 square foot building situated on a 3.2-acre lot, enjoying a prime location less than one mile from the University of Dayton. Built in 1959 and featuring a new roof installed in 2024 with a 20-year transferable warranty, this property benefits from a long-term lease with Kroger, a credit-rated tenant with a… corporate guarantee. The current lease, commencing June 11, 1957, extends to June 30, 2029, offering a remaining term of approximately 4.6 years. The lease includes attractive 2% annual rent bumps, providing a hedge against inflation. The property's strong financial performance is evidenced by a Net Operating Income (NOI) of $170,988 and a 7.00% cap rate. The asking price is $2,442,685. Kroger's consistent success at this location is highlighted by annual sales exceeding $15,000,000 since 2020, with sales reaching $15,856,095 for the year ending June 30, 2023. This high-traffic area benefits from proximity to major roadways (US Highway 35 and Interstate 75), public transportation, and a dense population with strong demographics. The surrounding area includes numerous complementary retailers, further enhancing the property's appeal and potential for continued success. This is a rare opportunity to acquire a well-established, high-performing retail asset with a strong tenant and significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 26,806 SF
- Lot area
- 2.89 ac
- Year built
- 1959
- Stories
- 1
- APN
- R72 02811 0024
- Assessed value · 2023
- $594,990
- Annual tax · 2023
- $66,638
- Auto Repair, Garage
- Retail Stores · current use
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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