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4395 Springfield St 18,669 SF Industrial Building Dayton, OH 45431 $1,500,000 ($80.35/SF) 7.80% Cap Rate
Investment Highlights
- Investment Property - NEW PRICE: $1,500,00
- 100% leased with in-place tenant since 1992 - Brinks, Inc.
- Located in the City of Dayton with proximity to US-35 and I-675.
- Single-story building is 18,669 SF and situated on 1.805 acres
- The property is well maintained and well-secured with easy access.
- Zoned I-1, Light Industrial
Executive Summary
Prime Investment Opportunity! Crest Commercial Realty is offering for sale the fee simple interest in the sale of the warehouse building at 4395 Springfield St, in the East Dayton Submarket of Dayton, Ohio. The property is located in Montgomery County and zoned I-1, Light Industrial. The single-story building was built in 1950 and is situated on 1.805 acres. The brick building is 18,669 SF and 100% occupied with long-term tenant, Brinks, Inc. An in-place tenant since 1992, Brinks Inc. has a current lease term through 2/28/2031. The lease addendum provides for annual rent increases, bringing the current yearly rent from $116,668 to $131,325 for months 51-62.
The property is well-maintained and well-secured with easy access and proximity to US-35 & I-675.
NEW PRICE: $1,500,000
The property is well-maintained and well-secured with easy access and proximity to US-35 & I-675.
NEW PRICE: $1,500,000
Property Facts
Amenities
- Controlled Access
- Fenced Lot
- Security System
- Air Conditioning
- Breakroom
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Professional, Scientific, and Technical Services
- -
- -
- -
Brink's began in 1859 when Perry and Fidelia Brink started an armored transportation service in Chicago. The company expanded its services over the next decades to include corporate financial logistics and international secure transportation. Brink's now provides services like cash-in-transit, ATM replenishment, and cash management solutions. The company also offers logistics software and armored trucks. Brink's serves a wide range of industries including financial institutions, retailers, and government agencies.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $122,260 | |
| Land Assessment | $24,960 | Total Assessment | $147,220 |
Property Taxes
Parcel Numbers
Land Assessment
$24,960
Improvements Assessment
$122,260
Total Assessment
$147,220
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4395 Springfield St
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