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183 E Dayton Yellow Springs Rd 14,490 SF Retail Building Fairborn, OH 45324 $3,445,000 ($237.75/SF) 10% Cap Rate



Investment Highlights
- 11 Miles Outside of Downtown Dayton | Dayton OH MSA is One of the Top 15 Largest MSA's in The Midwest.
- Within 2 Miles of Wright State University | Total Student Enrollment Exceeds 11,000+.
- 38,300+ Traffic Counts at the Signalized Intersection of E Dayton Yellow Springs Rd & Beaver Valley Rd.
- Within 4 Miles of Wright Patterson Air Force Base | Employs 31,000 Civilians and Servicemen | Services Over 54,000 Retirees.
Executive Summary
Absolute NNN Lease w/ No Landlord Obligations. 20 Year Operating History With Strong Sales Reporting. Corporate Guarantee Backed Lease from Walgreen Co. Within 3 Miles of Wright Patterson Medical Center | 300+ Bed Medical Center.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2002
Price
$3,445,000
Price Per SF
$237.75
Cap Rate
10%
NOI
$344,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.86 AC
Zoning
B-1 - General Business
Parking
63 Spaces (5.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | A02-0002-0023-0-0052-00 | Improvements Assessment | $373,480 |
| Land Assessment | $226,490 | Total Assessment | $599,970 |
Property Taxes
Parcel Number
A02-0002-0023-0-0052-00
Land Assessment
$226,490
Improvements Assessment
$373,480
Total Assessment
$599,970
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183 E Dayton Yellow Springs Rd
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