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33458757
33458851

1775 S. Dayton-Lakeview Road, New Carlisle, OH 45344

JK
OH
Apex Commercial Group, LLC
Apex Commercial Group, LLC
Listed by Apex Commercial Group, LLC
$1,500,000
4 days on market
Updated 4 days ago

1775 S. Dayton-Lakeview Road

Details
Property Type Industrial, Retail
Sub Type Flex, Showroom
Square Footage 34,376
Cap Rate 9.60%
NOI $144,000
Tenancy Single
Year Built 1966
Acreage 5.340
Zoning B-3
Investment Type Stabilized
Ground Lease No

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.

Listing Contacts

JK
OH
Apex Commercial Group, LLC
Apex Commercial Group, LLC
Listed by Apex Commercial Group, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$144,000.00
$12,000.00/mo

Valuation Metrics

0
DSCR
9.6%
Cap Rate
9.6%
ROI

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