1555 Wayne Ave

• Strong investment opportunity!
• New Roof 2024 with transferable warranty.
• Tenant responsible for all maintenance directly without NNN pass-throughs. Landlord only responsible for roof and
exterior walls. Tenant is also self-insured under new extension.
• 67-year operational history at this site: Kroger as continuously occupied the property under the original lease dated
June 11, 1957 through nine prior Lease Modification Agreements and the current modification.
• Infill, transit-served site approximately one mile from University of Dayton, and the closest full grocery store to the
surrounding neighborhood.

Lease Terms:

• Three parcels – Montgomery Co. Parcel ID numbers – R72 02811 0062, R72 02811 0063, R72 02811 0024
• Newly extended term: current Expiration Date pushed from June 30, 2029 (per LMA #9) to June 30, 2031, followed by (6) additional 5-year
Option Periods — providing visibility through June 30, 2061 if fully exercised.
• Lease converted to a cleaner, more bondable structure: percentage rent / sales-based rent has been eliminated entirely, and Tenant now pays full property taxes and all increases directly to Montgomery County rather than reimbursing Landlord — thus removing semi-annual tax pass-through administration for ownership, increasing cash flow.