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Shopping Neighborhood

North Dixie Hardware Anchored Flex Center | 2024 Rent Increases | Dayton, OH MSA

115 W National Rd, Englewood, OH 45322

Listing Price: $1,968,398

Cap Rate
7.95%
Gross SF
22,500
Rentable SF
22,500
Price/Gross SF
$87.48
Lot Size
1.23 acres
Year Built
2003

Investment Overview

Marcus & Millichap is pleased to bring to market a Retail Flex Center located in Englewood, OH.

Investment Highlights

  • 22,500 SF Multi-Tenant Retail and Industrial Flex Center Anchored by a Hardware Store
  • 100% Occupied by Construction, Mechanical and Retail Tenant Mix | All Tenants Operate On Gross Leases With Rental Increases in 2024
  • Hardware Store Built in 2003 And Phase 2 Tenant Space Added in 2018 With Fire Wall Between Hardware Store and Other Tenants | Each Tenant Has Separate Gas and Electric Utilities
  • Each Tenant Space Has Separate Entrances With Rear Garage Doors and Exterior Lighting
  • Property Features Four Points of Ingress and Egress With Excellent Visibility and Lighted Sign Along US-40, Seeing 11,900+ Vehicles Per Day
  • Located in a Retail and Industrial Corridor Near Multiple National Tenants Including Kroger, McDonald's, Burger King, USPS, Dollar General, Extra Space Storage, PNC Bank, Planet Fitness, Marathon, Domino's and More
  • 1.8 Miles Off of Interstate 70, Connecting Indianapolis to Columbus | 5.5 Miles From Dayton International Airport and 11 Miles From Downtown Dayton
  • Strong Demographics: Population Exceeds 54,100 Within 5-Miles | The Dayton-Springfield Area Has a Population Over 1 Million | 4th Largest Metropolitan Area in Ohio

Exclusively Listed By

Financing By

Shopping Neighborhood

North Dixie Hardware Anchored Flex Center | 2024 Rent Increases | Dayton, OH MSA

Listing Price: $1,968,398

Cap Rate
7.95%
Gross SF
22,500
Rentable SF
22,500
Price/Gross SF
$87.48
Lot Size
1.23 acres
Year Built
2003

Investment Highlights

  • 22,500 SF Multi-Tenant Retail and Industrial Flex Center Anchored by a Hardware Store
  • 100% Occupied by Construction, Mechanical and Retail Tenant Mix | All Tenants Operate On Gross Leases With Rental Increases in 2024
  • Hardware Store Built in 2003 And Phase 2 Tenant Space Added in 2018 With Fire Wall Between Hardware Store and Other Tenants | Each Tenant Has Separate Gas and Electric Utilities
  • Each Tenant Space Has Separate Entrances With Rear Garage Doors and Exterior Lighting
  • Property Features Four Points of Ingress and Egress With Excellent Visibility and Lighted Sign Along US-40, Seeing 11,900+ Vehicles Per Day
  • Located in a Retail and Industrial Corridor Near Multiple National Tenants Including Kroger, McDonald's, Burger King, USPS, Dollar General, Extra Space Storage, PNC Bank, Planet Fitness, Marathon, Domino's and More
  • 1.8 Miles Off of Interstate 70, Connecting Indianapolis to Columbus | 5.5 Miles From Dayton International Airport and 11 Miles From Downtown Dayton
  • Strong Demographics: Population Exceeds 54,100 Within 5-Miles | The Dayton-Springfield Area Has a Population Over 1 Million | 4th Largest Metropolitan Area in Ohio

Investment Overview

Marcus & Millichap is pleased to bring to market a Retail Flex Center located in Englewood, OH.

Exclusively Listed By

Financing By

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