1886-1914 Needmore Rd | Dayton, OH 45414
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- LoopNet Team
1886-1914 Needmore Rd
Dayton, OH 45414
Dayton Towne Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 79%-occupied shopping center in Dayton, Ohio, with internet-proof tenancy supported by sustained, in-person visits from the committed customer base.
- Strong mix of local tenants that draw from the five-mile radius to the heavily trafficked retail corridor.
- Immediate lease-up opportunity will provide investors with the ability to significantly increase cash flow and create value on day one.
- 20,000 square feet of vacant space ready to be leased, including a 3,700-square-foot unit and a 1,400-square-foot unit.
- Offered substantially below replacement cost, perfect for an investor to capitalize on a lower risk asset at a bite-size price point.
- Free and clear of any existing financing, a new investor can significantly enhance returns through aggressive capitalization structures.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
33,485 SF
Building Class
B
Year Built
1984
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
3.11 AC
Zoning
SGC - Suburban General Commercial
Parking
170 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
20’ on Needmoore drive
PROPERTY TAXES
| Parcel Number | R72117704-0001 | Improvements Assessment | $83,710 |
| Land Assessment | $115,790 | Total Assessment | $199,500 |
PROPERTY TAXES
Parcel Number
R72117704-0001
Land Assessment
$115,790
Improvements Assessment
$83,710
Total Assessment
$199,500
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