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Office | Medical | Outstanding Location 135 W Dorothy Ln 8,360 SF Office Building Kettering, OH 45429 $1,500,000 ($179.43/SF)



INVESTMENT HIGHLIGHTS
- 3 Story concrete building with parking under the building on ground floor
- 1 block from Oakwood, OH
- All-new Exterior Windows in 2016
EXECUTIVE SUMMARY
Property Overview:
An exceptional opportunity to own a 100% occupied commercial property in the heart of Kettering, Ohio. This 8,360 SF two-story building combines a premium location, strong tenancy, and stable income — making it an ideal addition to any investment portfolio.
• Total Building Size: 8,360 SF
- 4,200 SF – First Floor
- 4,000 SF – Upper Floor
- 160 SF – Ground Floor Outdoor Storage
• Net Operating Income (NOI): $109,920 annually
• Occupancy: 100% leased
• Zoning: Commercial (excellent visibility and accessibility)
• Parking: Ample on-site
Location Highlights: Situated along West Dorothy Lane, one of Kettering’s most traveled commercial corridors, this property benefits from high traffic counts, excellent signage visibility, and immediate access to I-675, I-75, and major Dayton submarkets. The surrounding area features national retailers, local businesses, and thriving neighborhoods — ensuring strong tenant demand and long-term stability.
Investment Highlights:
• Turnkey, income-producing asset
• Desirable Kettering submarket with low vacancy rates
• Mix of established tenants
• Strong cap rate with upside potential through rent growth
• Surrounded by dense residential rooftops and retail amenities
Why Invest Here:
Kettering is one of the Dayton region’s most dynamic and stable commercial markets, known for its central location, economic diversity, and strong workforce. With full occupancy and over $109,000 in annual NOI, this property offers an attractive blend of security, cash flow, and future appreciation potential.
An exceptional opportunity to own a 100% occupied commercial property in the heart of Kettering, Ohio. This 8,360 SF two-story building combines a premium location, strong tenancy, and stable income — making it an ideal addition to any investment portfolio.
• Total Building Size: 8,360 SF
- 4,200 SF – First Floor
- 4,000 SF – Upper Floor
- 160 SF – Ground Floor Outdoor Storage
• Net Operating Income (NOI): $109,920 annually
• Occupancy: 100% leased
• Zoning: Commercial (excellent visibility and accessibility)
• Parking: Ample on-site
Location Highlights: Situated along West Dorothy Lane, one of Kettering’s most traveled commercial corridors, this property benefits from high traffic counts, excellent signage visibility, and immediate access to I-675, I-75, and major Dayton submarkets. The surrounding area features national retailers, local businesses, and thriving neighborhoods — ensuring strong tenant demand and long-term stability.
Investment Highlights:
• Turnkey, income-producing asset
• Desirable Kettering submarket with low vacancy rates
• Mix of established tenants
• Strong cap rate with upside potential through rent growth
• Surrounded by dense residential rooftops and retail amenities
Why Invest Here:
Kettering is one of the Dayton region’s most dynamic and stable commercial markets, known for its central location, economic diversity, and strong workforce. With full occupancy and over $109,000 in annual NOI, this property offers an attractive blend of security, cash flow, and future appreciation potential.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,360 SF
Building Class
C
Year Built/Renovated
1975/2021
Price
$1,500,000
Price Per SF
$179.43
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,360 SF
Slab To Slab
10’
Building FAR
0.65
Lot Size
0.29 AC
Zoning
Commercial Office - Commercial Office (General)
Parking
20 Spaces (2.39 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Property Manager on Site
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | N64-03411-0038 | Improvements Assessment | $124,330 |
| Land Assessment | $23,610 | Total Assessment | $147,940 |
PROPERTY TAXES
Parcel Number
N64-03411-0038
Land Assessment
$23,610
Improvements Assessment
$124,330
Total Assessment
$147,940
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Office | Medical | Outstanding Location | 135 W Dorothy Ln
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