This property is Off-Market
950 Forrer Boulevard
Kettering, OH 45420 ·
403,900 SF · Office For Sale
GE Capital Corporation
|Building Size||403,900 SF||No. Stories||1|
|Property Type||Office||Building Class||A|
|Property Sub-type||Office Building||Tenancy||Single|
|Property Use Type||Investment||Year Built||1996|
|Cap Rate||6.50%||Lot Size||47.20 AC|
|Listing ID: 15238238||Date Created: 07/13/2007||Last Updated: 10/11/2007|
We are pleased to offer for sale two single-tenant Class A office buildings totaling 403,900 SF located in Dayton, Ohio. The Property is 100% triple- net leased to GE Capital Corporation for 8 ½ years. GE Capital is rated AAA by S&P.
The property is located in the Kettering Business Park, a 165 acre office park in the City of Kettering, a suburb of Dayton. The Dayton MSA has an estimated population of 944,833. Dayton is situated within the Miami Valley region of Ohio, just north of the Cincinnati metropolitan area.
- GE Capital (S&P AAA) credit
- 8.5 years lease term remaining
- Rental rates well below market for assets of this quality. Price per foot well below assets of this quality.
- This is a core asset for the tenant, who has been in the property for 11 years
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.