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Kingsridge Center 8935-8947 Kingsridge Rd 20,175 SF 78% Leased Retail Building Dayton, OH 45458 $1,700,000 ($84.26/SF) 7.76% Cap Rate
Investment Highlights
- The L-shaped shopping center is located in a busy commercial district.
- Located in Miami Township just south of the Dayton Mall area.
- Easy access and ample parking - proximity to I-75 and I-675.
- Excellent visibility, monument signage and 133' of frontage on Kingsridge Dr.
- Mix of long-term tenants offers stability and steady annual rents.
Executive Summary
Crest Commercial Realty is offering for sale the fee simple interest in the sale of the shopping center at 8935-8947 Kingsridge Rd., in the South
Dayton Submarket of Dayton, Ohio. The property is located in Miami Township. The multi-tenant center is zoned Retail.
The single-story, L-shaped center was built in 1980 and is situated on 1.5 acres. The property 20,175 SF and occupied with a mix of long-term
tenants. The property offers 133' of frontage on Kingsridge Road, ample parking and easy access.
Located in a busy commercial district, the property offers proximity to I-75 and I-675
Dayton Submarket of Dayton, Ohio. The property is located in Miami Township. The multi-tenant center is zoned Retail.
The single-story, L-shaped center was built in 1980 and is situated on 1.5 acres. The property 20,175 SF and occupied with a mix of long-term
tenants. The property offers 133' of frontage on Kingsridge Road, ample parking and easy access.
Located in a busy commercial district, the property offers proximity to I-75 and I-675
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$189,444
|
$9.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$189,444
|
$9.47
|
| Taxes |
$38,322
|
$1.92
|
| Operating Expenses |
$19,266
|
$0.96
|
| Total Expenses |
$57,588
|
$2.88
|
| Net Operating Income |
$131,856
|
$6.59
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $189,444 |
| Annual Per SF | $9.47 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $189,444 |
| Annual Per SF | $9.47 |
| Taxes | |
|---|---|
| Annual | $38,322 |
| Annual Per SF | $1.92 |
| Operating Expenses | |
|---|---|
| Annual | $19,266 |
| Annual Per SF | $0.96 |
| Total Expenses | |
|---|---|
| Annual | $57,588 |
| Annual Per SF | $2.88 |
| Net Operating Income | |
|---|---|
| Annual | $131,856 |
| Annual Per SF | $6.59 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,175 SF
Building Class
C
Year Built
1980
Price
$1,700,000
Price Per SF
$84.26
Cap Rate
7.76%
NOI
$131,856
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
1.50 AC
Zoning
Retail - Retail
Parking
45 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
133’ on Kingsridge Rd Rd
Amenities
- 24 Hour Access
- Corner Lot
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Julia's Nite Club
- Accommodation and Food Services
- -
- -
- -
- -
- Masaya Hookah Cafe
- -
- -
- -
- -
- -
- Miami Armory
- Retailer
- -
- -
- Modified Gross
- Jun 2018
- Q Laundry
- -
- -
- -
- Plus Utilities
- Jan 2018
- Rentokil North America, Inc
- -
- -
- -
- Full Service
- Mar 2027
- River Of Worship
- -
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Julia's Nite Club | Accommodation and Food Services | - | - | - | - | |
| Masaya Hookah Cafe | - | - | - | - | - | |
| Miami Armory | Retailer | - | - | Modified Gross | Jun 2018 | |
| Q Laundry | - | - | - | Plus Utilities | Jan 2018 | |
| Rentokil North America, Inc | - | - | - | Full Service | Mar 2027 | |
| River Of Worship | - | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | K45-02604-0003 | Total Assessment | $368,960 |
| Land Assessment | $146,020 | Annual Taxes | $38,322 ($1.90/SF) |
| Improvements Assessment | $222,940 | Tax Year | 2025 |
Property Taxes
Parcel Number
K45-02604-0003
Land Assessment
$146,020
Improvements Assessment
$222,940
Total Assessment
$368,960
Annual Taxes
$38,322 ($1.90/SF)
Tax Year
2025
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Kingsridge Center | 8935-8947 Kingsridge Rd
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