The Mall At Fairfield Commons Photo Gallery

Beavercreek serves an affluent suburban market within the Dayton MSA, with a population of approximately 47,000 locally and 820,000 in the trade area. Median household income stands at $110,088, above the national average, with households averaging 2.6 persons and a median age of 42. The area's growth rate of 5-10% is driven by proximity to Wright-Patterson AFB (35,000 employees) and Wright State University (16,000 students), enhancing daytime population. Accessibility via I-675 provides easy entry from Dayton (15 minutes) and Cincinnati (60 minutes), supported by RTA public transit. However, parking capacity and traffic congestion during peak events at the Nutter Center may pose operational challenges for retailers.

The mall's tenant composition balances fashion (e.g., H&M, Hollister), accessories (Victoria’s Secret, Bath & Body Works), and entertainment (Round1, cinema), with anchors occupying 40% of GLA. Occupancy has improved post-2025 acquisition, estimated at 90-95% following Dillard’s addition, countering prior vacancies. Strengths include a diverse mix attracting families and young adults, but weaknesses involve category saturation in apparel amid e-commerce shifts. Recent investments by Spinoso focus on experiential retail to boost dwell time, though one anchor pad remains underutilized, potentially impacting overall footfall distribution.

In the Dayton retail market, 2025 vacancy rates averaged 5.2% for regional malls, with positive net absorption of 150,000 sq ft. Asking rents range $22-28 psf base, plus 5-7% overage on sales exceeding $300 psf thresholds, competitive for the Midwest. Advantages encompass robust 5.3 million annual visitors and tourism from the Air Force Museum (1.3 million visitors). Risks include competition from open-air centers like The Greene and online retail erosion, plus infrastructure age (built 1993) requiring maintenance. Lease terms typically span 5-10 years with renewal options, emphasizing co-tenancy clauses tied to anchors for stability.