4395 Springfield St - Warehouse FOR SALE


Dayton, OH 45431- Springfield-Montgomery
$1,600,000 USD
937-222-1600
4395 Springfield St, Dayton, OH for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/15
null | 7.31% Cap Rate

4395 Springfield St
Dayton, OH 45431
Springfield-Montgomery


HIGHLIGHTS

  • Excellent investment opportunity!
  • Single-story building is 18,669 SF and situated on 1.805 acres
  • Large industrial building is 100% leased with in-place tenant since 1992.
  • The property is well maintained and well-secured with easy access.
  • Located in the City of Dayton with proximity to US-35 and I-675.
  • Zoned I-1, Light Industrial

OVERVIEW

Prime Investment Opportunity! Crest Commercial Realty is offering for sale the fee simple interest in the sale of the warehouse building at 4395 Springfield St, in the East Dayton Submarket of Dayton, Ohio. The property is located in Montgomery County and zoned I-1, Light Industrial. The single-story building was built in 1950 and is situated on 1.805 acres. The brick building is 18,669 SF and 100% occupied with long-term tenant, Brinks, Inc. An in-place tenant since 1992, Brinks Inc. has a current lease term through 2/28/2031. The lease addendum provides for annual rent increases, bringing the current yearly rent from $116,668 to $131,325 for months 51-62. The property is well-maintained and well-secured with easy access and proximity to US-35 & I-675. Sale Price $1,600,000

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

7.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.8

LAND SF

78,408

ZONING

I-1

APN/PARCEL ID

R72217519-0014,R72217519-0016

ASK ABOUT THIS PROPERTY

Tony TaylorCrest Commercial RealtyMore Info
937-222-1600

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

Tony TaylorCrest Commercial RealtyMore Info
937-222-1600

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