Fairborn Plaza

Fairborn Plaza

FAIRBORN PLAZA
1166-1288 N. Broad St, Fairborn, OH 45324

PRICE $3,650,000
GLA 98,651 SF
PROPERTY TYPE Shopping Center
CAP RATE 10%
OCCUPANCY 71%
YEAR BUILT 1958
DEMOGRAPHICS
Total Population
1 – mi. – 4,940
3 – mi. – 24,869
5 – mi. – 67,350
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INVESTMENT HIGHLIGHTS

  • Fairborn Plaza consists of 98,651 net rentable square feet (NRSF) and 18.113 acres.
  • Anchored by St. Francis Thrift Store and Dollar General.
  • Dollar General recently re-located within the center to a newly finished out larger space to accommodate their grocery section.
  • St. Francis Thrift Store recently took additional space.
  • The two retail buildings were both constructed in 1958.
  • Value-add potential with 29% vacancy.
  • 9 vacant units ranging from 462 SF to 11,000 SF.
  • Located in Fairborn, North East Dayton on the east side of the air base, on the busy main street corridor.
  • EPDM roofing replaced in 2008.

City:Fairborn
State:OH
Square Feet:98,651 SF
Price:$3,650,000
Cap Rate:10%

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