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Middletown Office Building 6730 Roosevelt Ave 27,408 SF 73% Leased Office Building Middletown, OH 45005 $2,098,368 ($76.56/SF) 9.42% Cap Rate



Investment Highlights
- Upside Potential
- High Traffic Counts
- Strategic Location
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a multi-tenant office investment property located at 6730 Roosevelt Avenue in Middletown, Ohio (the “Property”). Constructed in 1977, 6730 Roosevelt Avenue consists of a four-story, multi-tenant office building containing 27,408 square feet of space on 1.38 acres of land. 6730 Roosevelt Avenue is 72.87% occupied, offering a strong in-place income with significant upside through lease-up of the vacant space.
The Property is strategically positioned along Roosevelt Road and OH Route 122, offering strong visibility, prominent frontage, and convenient on-site parking. Located seconds from Interstate 75 and OH Route 122, the site benefits from excellent accessibility along the area’s primary commercial and commuter corridors.
The Property is located in the heart of Middletown’s dominant shopping district and is seconds from several national grocers, big box retailers and countless nationally branded restaurants and retailers driving traffic to the area. 6730 Roosevelt Avenue is approximately 1.5 miles from Atrium Medical Center (Hospital) and is surrounded by dense residential neighborhoods, apartment communities, and area schools, creating a strong built-in customer base. Additionally, the site offers convenient access throughout Middletown and is approximately midway between Dayton and Cincinnati, supporting excellent connectivity to the broader regional markets.
The Property is strategically positioned along Roosevelt Road and OH Route 122, offering strong visibility, prominent frontage, and convenient on-site parking. Located seconds from Interstate 75 and OH Route 122, the site benefits from excellent accessibility along the area’s primary commercial and commuter corridors.
The Property is located in the heart of Middletown’s dominant shopping district and is seconds from several national grocers, big box retailers and countless nationally branded restaurants and retailers driving traffic to the area. 6730 Roosevelt Avenue is approximately 1.5 miles from Atrium Medical Center (Hospital) and is surrounded by dense residential neighborhoods, apartment communities, and area schools, creating a strong built-in customer base. Additionally, the site offers convenient access throughout Middletown and is approximately midway between Dayton and Cincinnati, supporting excellent connectivity to the broader regional markets.
Property Facts
Sale Type
Investment
Property Type
Building Size
27,408 SF
Building Class
B
Year Built
1977
Price
$2,098,368
Price Per SF
$76.56
Cap Rate
9.42%
NOI
$197,732
Percent Leased
73%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,852 SF
Building FAR
0.71
Lot Size
0.89 AC
Zoning
B-2 - General Business
Amenities
- 24 Hour Access
- Air Conditioning
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 07-03-328-001 | Improvements Assessment | $198,205 |
| Land Assessment | $113,925 | Total Assessment | $312,130 |
Property Taxes
Parcel Number
07-03-328-001
Land Assessment
$113,925
Improvements Assessment
$198,205
Total Assessment
$312,130
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Middletown Office Building | 6730 Roosevelt Ave
