1775 S Dayton Lakeview Rd - Freestanding FOR SALE


New Carlisle, OH 45344
$1,500,000 USD
937-222-7884
1775 S Dayton Lakeview Rd, New Carlisle, OH for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/5
null | 9.6% Cap Rate

1775 S Dayton Lakeview Rd
New Carlisle, OH 45344


HIGHLIGHTS

  • Existing tenant in place provides immediate cash flow
  • Property features a newly sealed roof backed by a transferable 10-year warranty, along with three new rooftop condensing units
  • Located in Bethel Township, offering the benefit of no city income tax.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

9.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

5.34 AC

LAND SF

232,610 SF

ZONING

B3

APN/PARCEL ID

01-00500-03110-0002

ASK ABOUT THIS PROPERTY

Joe KrugApex Commercial Group, LLCMore Info
937-222-7884

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Joe KrugApex Commercial Group, LLCMore Info
937-222-7884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.