Former Marathon Gas Station

Highlights

• STRONG DEMOGRAPHICS - The area boasts a growing population of approximately 51,478 as of July 2023, with a median household income of $50,457, supporting strong consumer demand for retail establishments like Dollar General.
• EXCELLENT LOCATION - Middletown, OH is located roughly 20 miles south of Dayton (city population of 135,512), 35 miles north of Cincinnati (the third-most populous city in Ohio with a city population of 309,317) and 90 miles southwest of Columbus (the capital and most populous city in Ohio with a population of 906,528).
• HIGH VISIBILITY AND ACCESSIBILITY - Situated on a well-traveled road, the property offers excellent visibility and easy access, attracting a strong customer base. The site sees over 15,000 vehicles per day from Trenton Franklin Rd and Germantown Rd.
• PROXIMITY TO LOCAL AMENITIES - Located near residential neighborhoods and other commercial establishments, the site benefits from a strong local customer base and regional draw.
• PROVEN SUCCESSFUL LOCATION - Positioned adjacent to a Dollar General that has been successfully operating for the past 14 years, demonstrating the area's strong consumer demand and the tenant’s commitment to this market.
• REDEVELOPMENT OPPORTUNITY - This former gas station offers a prime opportunity for redevelopment, featuring a well-positioned site with high visibility, existing utility infrastructure, and flexible zoning that can accommodate a variety of commercial uses.

Description

Prime Net Lease is pleased to present a prime redevelopment opportunity in Middletown, Ohio, with this former Marathon Gas Station. Situated in a highly visible and accessible location, the property benefits from excellent exposure on a well-traveled road, drawing over 15,000 vehicles per day from Trenton Franklin Rd and Germantown Rd. Surrounded by residential neighborhoods and established commercial businesses, the site enjoys a strong local customer base and regional appeal.

This Former Marathon Gas Station is strategically positioned in Middletown, Ohio. Middletown, Ohio, is a city with a rich industrial history located between Cincinnati and Dayton. Known for its steel industry legacy, the city now embraces diversity and offers a vibrant community with arts, culture, and recreational activities. With a mix of parks and green spaces, residents can enjoy outdoor pursuits, while educational opportunities, local events, and economic growth contribute to a well-rounded lifestyle. Middletown's central location provides easy access to major highways, ensuring connectivity to nearby cities. Situated on a well-traveled road, the property benefits from excellent visibility and accessibility, with over 15,000 vehicles per day passing by on Trenton Franklin Rd and Germantown Rd. Middletown’s strategic location between major cities—20 miles south of Dayton, 35 miles north of Cincinnati, and 90 miles southwest of Columbus—makes it an ideal hub for retail activity, attracting a steady customer base.

Adjacent to a Dollar General that has successfully operated for 14 years, this property demonstrates the area’s strong retail performance and sustained demand. The former gas station presents a unique redevelopment opportunity with its high-visibility site, existing utility infrastructure, and flexible zoning, making it suitable for a variety of commercial uses.

This property offers significant potential for investors and developers looking to capitalize on Middletown’s thriving market and excellent connectivity to nearby cities.

Middletown, Ohio, is a vibrant city located in southwestern Ohio, strategically positioned between Cincinnati and Dayton along Interstate 75, one of the most heavily traveled transportation corridors in the Midwest. This prime location provides easy access to two major metropolitan areas, with Cincinnati approximately 35 miles to the south and Dayton just 24 miles to the north. Both cities boast strong populations—Cincinnati with over 300,000 residents and a metro population of over 2.2 million, and Dayton with over 140,000 residents and a metro population of over 800,000. This proximity places Middletown in an ideal position to benefit from the economic activity, workforce, and consumer base of both regions.

Economic Drivers
Historically known for its strong manufacturing base, Middletown has diversified its economy to include sectors such as healthcare, retail, and education. The city is home to Atrium Medical Center, a leading healthcare facility in the region, and AK Steel Holding Corporation, which has deep roots in the community and continues to contribute to its economic vitality. Additionally, Middletown benefits from its proximity to thriving logistics and distribution hubs along the I-75 corridor, making it an attractive destination for businesses reliant on efficient transportation networks.

Population and Demographics
Middletown itself has a population of approximately 50,000 residents, with a broader regional population exceeding 1 million within a 30-mile radius. The city offers a mix of suburban and urban amenities, appealing to families, professionals, and retirees alike. The median household income in the area is approximately $51,000, supporting strong retail demand and steady consumer activity.

Retail and Development
Middletown features a robust retail sector anchored by national chains, local businesses, and dining establishments. The city is home to several major shopping centers and retail hubs, including Towne Mall Galleria, which attracts both local and regional shoppers. Its strategic location along I-75 also ensures high visibility and traffic counts for commercial properties. Recent investments in infrastructure and redevelopment projects reflect the city’s commitment to growth and modernization, further enhancing its appeal to investors.

Proximity to Educational Institutions
The area is supported by strong educational infrastructure, including Miami University in nearby Oxford, OH, and the University of Dayton, both of which contribute to a skilled workforce and a stable housing market.

Investment Potential
Middletown’s combination of strategic location, economic diversity, and proximity to two major metropolitan areas makes it a compelling market for investors. Properties in this region benefit from steady population growth, strong traffic counts, and a diverse consumer base, ensuring long-term demand and stable returns.

This blend of location, accessibility, and economic strength positions Middletown as an attractive destination for retail, healthcare, and industrial investments.

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