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722 N Fairfield Rd 10,859 SF Retail Building Dayton, OH 45434 $5,304,054 ($488.45/SF) 7.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • This property is subject to a brand new 2024 renovation (7,159 SF) and expansion (3,700 SF). This renovation includes a brand new roof and HVAC system
  • The Learning Experience was ranked as the #1 childcare franchise on Entrepreneur Magazine's Franchisee 500 list for 2023.
  • Property is located in a primarily residential area with many surrounding elementary, middle and high schools.
  • This subject property is conveniently located less than 10 miles from downtown Dayton, OH.

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a The Learning Experience located at 722 N. Fairfield, Beavercreek, OH, 45434. The site consists of roughly 10,859 rentable square feet of building space on an estimated 1.921-acre parcel of land. This The Learning Experience is subject to a 15-year Modified Triple Net lease, which commences 11/28/2024. The current annual rent is $392,500 and has scheduled increases of 8% after the first five years, and 10% thereon after, extending into the renewal periods.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,859 SF
Building Class
B
Year Built
2024
Price
$5,304,054
Price Per SF
$488.45
Cap Rate
7.40%
NOI
$392,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.90 AC
Zoning
B2

NEARBY MAJOR RETAILERS

Chase Bank
Bob Evans Restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B42-0006-0003-0-0056-00
Land Assessment
$67,470
Improvements Assessment
$230,400
Total Assessment
$297,870
  • Listing ID: 33221239

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 722 N Fairfield Rd, Dayton, OH 45434

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