1775 S. Dayton-Lakeview Road
Retail/Industrial Investment | 9.60% CAP | 34,376 SqFt
Marketing description
This 34,376± SF industrial/retail investment property sits on 5.34 acres in New Carlisle, Ohio. The main building is 26,376± SF of usable space with 10,000± SF Office/Showroom, a 5,000± SF mezzanine and a separate 3,000± SF pole barn with a 14' clear overhead door. An existing tenant in place provides immediate cash flow with a current Net Operating Income (NOI) of approximately $144,000, translating to a 9.6% cap rate based on current income.
The property features a newly sealed roof backed by a transferable 10-year warranty, along with three new rooftop condensing units, minimizing near-term maintenance and capital expenditure needs. Equipped with ample 3-phase power suited for manufacturing, fabrication, or warehousing operations requiring reliable electrical service. Located in Bethel Township, offering the benefit of no city income tax, and less than 2 miles from I-70 providing quick access to the Dayton-Columbus corridor.
Investment highlights
- 34,376± SF of Industrial/Retail Potential on 5.34 Acres: The main building is 26,376± SF of usable space with 10,000± Office/Showroom, a 5,000± SF mezzanine and a separate 3,000± SF pole barn with a 14' clear overhead door.
- Tenant in Place: Existing tenant in place provides immediate cash flow with a current Net Operating Income (NOI) of approximately $144,000, translating to a 9.6% cap rate based on current income.
- Recent Capital Improvements: Property features a newly sealed roof backed by a transferable 10-year warranty, along with three new rooftop condensing units, minimizing near-term maintenance and capital expenditure needs.
- Strong Infrastructure & Industrial Capacity: Equipped with ample 3-phase power suited for manufacturing, fabrication, or warehousing operations requiring reliable electrical service.
- Business-Friendly Tax Environment: Located in Bethel Township, offering the benefit of no city income tax.
- Strategic Location with Excellent Regional Access: Located less than 2 miles from I-70 providing quick access to the Dayton-Columbus corridor.
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