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Investment Highlights

  • Unique property is an excellent value for investor or owner occupant.
  • Building is 32,235 SF on 6.529 acres, offering ample space for expansion.
  • Current tenant offers high in-place yield with defined near-term lease rollover.
  • Positioned in Miami Valley Research Park - 1 ,250 acre business park.
  • Mix of Class A corporate office space and flexible warehouse/lab facilities.
  • Proximity to Wright Patterson Air Force Base, easy access to I-75 and I-675.

Executive Summary

The Telemecanique Sensor Competency Center is a distinctive, single-tenant building encompassing 32,235 square feet. This office and flex facility supports Telemecanique Sensors, a division of the Yageo Group, which is globally recognized for its electronic component manufacturing. The renovated space features upscale office and corporate conference rooms at the front, while the rear provides ample flexible space suitable for production, laboratories, or research and development.
The property is classified as Light Industrial and features four overhead doors along with 80 parking spaces. Spanning 6.529 acres, the site is surrounded by ample green space, providing potential for future expansion. The property has been meticulously maintained and is equipped with interior HVAC systems for easy maintenance. This property represents an exceptional opportunity for an owner user seeking near-term occupancy with immediate in-place income. The property is offered for $3,790,000.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $386,820 $12.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $386,820 $12.00
Taxes - -
Operating Expenses $8,300 $0.26
Total Expenses $8,300 $0.26
Net Operating Income $378,520 $11.74

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $386,820
Annual Per SF $12.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $386,820
Annual Per SF $12.00
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $8,300
Annual Per SF $0.26
Total Expenses
Annual $8,300
Annual Per SF $0.26
Net Operating Income
Annual $378,520
Annual Per SF $11.74

Property Facts

Price $3,790,000
Price Per SF $117.57
Sale Type Investment or Owner User
Cap Rate 10.11%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Research & Development
  • Industrial Distribution
  • Office Medical
Building Class A
Lot Size 6.53 AC
Rentable Building Area 32,235 SF
No. Stories 1
Year Built 1996
Tenancy Single
Parking Ratio 3.1/1,000 SF
No. Drive In / Grade-Level Doors 4
Zoning Light Industrial

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Controlled Access
  • Courtyard
  • Fitness Center
  • Security System
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
  • Breakroom

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Telemecanique
  • Manufacturing
  • 32,235 SF
  • $12.00
  • Triple Net
  • Oct 2028
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Telemecanique Manufacturing 32,235 SF $12.00 Triple Net Oct 2028
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
N64-03502-0074
Land Assessment
$137,110
Improvements Assessment
$737,120
Total Assessment
$874,230
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
  • Listing ID: 40229247

  • Date on Market: 4/21/2026

  • Last Updated:

  • Address: 1875 Founders Dr, Dayton, OH 45420

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