Schear Family Practice 1100 Salem Ave 7,338 SF Office Building Dayton, OH 45406 $300,000 ($40.88/SF)

For Sale by Court Appointed Receiver.
Single-tenant, NNN investment opportunity! This 7,338 SF medical office building is currently occupied by a drug and alcohol treatment center. The tenant recently provided notice to exercise a three-year renewal extending the current lease term through April 30, 2028. Current annual NNN rents are $60,000/year which increase to $66,000 during the renewal term. This low maintenance investment provides investors with a great opportunity to add stable cash flows to their existing real estate portfolio.
AUCTION DATES / TIMES
Auction Starts: Bidding is Open
Auction Ends: September 11, 2025 @ 1:00pm ET
Online bidding only
Prospective bidders must execute the linked purchase and sale agreement in its current form prior to being granted bidding privileges (Contact kurt@prodigyprop.com to receive a copy)
SALE TERMS
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Winning bidder must wire a 10% deposit to escrow holder within 24 hours of auction end. 
Property is sold AS-IS, WHERE-IS.
Property will be sold free and clear of all liens.
Property taxes will be prorated and paid to the day of closing.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
Subject to final court approval.
Receiver may, in its sole discretion, accept or reject any bid or cancel this sale.
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.
Property Information and Showings
The property is occupied. Do not disturb the tenant. Please contact Kurt at kurt@prodigyprop.com to schedule a showing.