2554 Needmore Rd - Warehouse FOR SALE


Dayton, OH 45414- Outer Northeast
$2,450,000 USD
805-635-2908
2554 Needmore Rd, Dayton, OH for Sale
$2,450,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

2554 Needmore Rd
Dayton, OH 45414
Outer Northeast


HIGHLIGHTS

  • Flexible multi-tenant office and industrial facility with existing rental revenue and significant upside to occupy or lease the remaining vacancies.
  • Quality modern features, including dock and drive-in loading, 16-foot clear heights, high-speed internet, and a 1,200-amp heavy power supply.
  • Great regional connectivity, with immediate access to I-75 and convenient connections for I-70, reaching Downtown Dayton in 5.8 miles.
  • High-traffic location along Needmore Road, providing excellent brand exposure to more than 17,000 passing vehicles each day.
  • Within a competitive industrial submarket, with vacancies of just 4% and rent growth of more than 5.1% during the past 12 months.
  • Tours are welcome. For more information, call Rex at (805) 239-3090 or (805) 610-6786.

OVERVIEW

Claim a premier spot in North Dayton with the acquisition of a versatile, multi-tenant industrial facility at 2554 Needmore Road. This rare opportunity offers a valuable opportunity for investors and growing businesses seeking contemporary space in a tight industrial submarket with limited availability. The property is currently partially leased, allowing a new owner to leverage in-place rental revenue while leasing or occupying the remaining vacancies. The warehouse and office spaces at 2554 Needmore Road differentiate themselves from nearby competitors with a wealth of well-maintained, quality features and specs that are primed for today’s business landscape. The warehouse units provide 16-foot clear heights, as well as dock and drive-in doors for efficient loading. All spaces are supported by gas, water, sewer, telephone, and fiber optic (DSL) utilities, as well as a heavy 1,200-amp, 3-phase power supply. The office spaces are climate-controlled, with a mix of private offices and conference spaces that support optional efficiencies. 2554 Needmore Road offers great accessibility to the greater MSA with its location off of Interstate 75 and just five minutes from Interstate 70. These bustling arteries allow travel to Downtown Dayton in 5.8 miles and the Dayton International Airport in 7.8 miles. This high-traffic location along Needmore Road provides businesses with brand exposure to more than 17,000 daily passing vehicles and is easily accessible with plenty of parking. Supporting an enhanced work-life balance for employees, Needmore Road provides access to nearby retailers, including Harbor Freight, Dollar Tree, McDonald’s, Hardee’s, and Wendy’s. Additionally, the York Commons town center is just minutes away, offering access to added national shopping and dining options such as Walmart Supercenter, Aldi, Chick-fil-A, Dutch Bros Coffee, Chipotle, Culver’s, and more. A new Wawa store is also being built on the adjacent property. North Dayton delivers a compelling destination for industrial businesses and investors, with a current vacancy rate of just 4%. The submarket experienced robust absorption of more than 2.1 million square feet of industrial space over the past 12 months, demonstrating the significant demand in the region. This elevated tenant interest has driven rents up 5.1% during the past year, creating a competitive leasing environment. This unique offer allows investors to capture improved revenue, while business owners can capitalize on this opportunity to avoid the area’s rapidly growing rental rates. Tours are welcome. For more information, call Rex at (805) 239-3090 or (805) 610-6786.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

6

DRIVE INS

4

PARKING SPACES

56

LAND DETAILS

LAND ACRES

3.41

LAND SF

148,540

ZONING

I-1

APN/PARCEL ID

E21-01010-0068

ASK ABOUT THIS PROPERTY

Rex JacobsmaJacobsma & AssociatesMore Info
805-635-2908

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Rex JacobsmaJacobsma & AssociatesMore Info
805-635-2908

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