Telemecanique Sensor Competency Center
NEW PRICE | Industrial - Lab/Flex Facility | 11% CAP | 32,235 SqFt
Marketing description
Building For Sale - $3,490,000
32,235 SF | 11% CAP RATE | 100% LEASED
Telemecanique Sensor Competency Center
The Telemecanique Sensor Competency Center is a distinctive, single-tenant building encompassing 32,235 square feet, located in Miami Valley Research Park, a distinctive and innovative business campus situated on 1,250 acres in the southern suburbs of Dayton, specifically in Kettering and Beavercreek. The building is in a prime location just minutes from Wright Patterson Air Force Base and major highway such as I-75 and I-675.
The office and flex facility supports Telemecanique Sensors, a division of the Yageo Group, which is globally recognized for its electronic component manufacturing. The renovated space features upscale office and corporate conference rooms at the front, while the rear provides ample flexible space suitable for production, laboratories, or research and development.
The property is classified as Light Industrial and features four overhead doors along with 80 parking spaces.
Spanning 6.529 acres, the site is surrounded by ample green space, providing potential for future expansion. The property has been meticulously maintained and is equipped with interior HVAC systems for easy maintenance. This property represents an exceptional opportunity for an owner user seeking near-term occupancy with immediate in-place income. The property is offered for $3,490,000.
Investment highlights
+ Excellent Value For Investor or Owner Occupant - Ideal for investors seeking a high in-place yield with a defined near-term lease rollover, or owner-users who appreciate interim income before potential occupancy.
+ Class A building is 32,235 SF with mix of Office, R&D, Lab and Warehouse space.
+ Large parcel is 6.529 acres offering the potential to expand the existing structure's footprint, ensuring long-term control over the site.
+ Prime location in an affluent south Dayton Submarket close to Wright Patterson Air Force Base, The Greene, Wright State University and downtown Dayton.
+ Priced at a fraction of the replacement cost to build a new building with a similar footprint.
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