8940 Kingsridge Dr - Medical FOR SALE


Dayton, OH 45458- Outer Centerville/Kettering
$139,900 USD
937-431-6489
8940 Kingsridge Dr, Dayton, OH for Sale
$139,900 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

8940 Kingsridge Dr
Dayton, OH 45458
Outer Centerville/Kettering


HIGHLIGHTS

  • 9-Cap Investment
  • New 3-Year Lease as of Early 2025
  • Established Medical Tenant
  • In Credible Medical Condo Building

OVERVIEW

Located in Miami Township with no local earnings tax, 8940 Kingsridge Rd. is a 12,000 square foot building comprised of four medical condominiums. Suite 105 is a 1,185 square foot unit that shares a 273 square foot waiting room with the other condos. This prime location is adjacent to the Dayton Mall and offers convenient access to the expressway. The suite features 6 offices, with 4-5 that have plumbing in the walls to be converted back into wet exam rooms. Condo has private entrance from outside and from common area waiting room with two additional restrooms. Ample parking is available in the large on-site lot. The current tenant, a mental health practitioner, occupies two of the building’s condos, expanding into this one in early 2025. The current lease for Suite 105 is in effect through early 2028. The property offers an 9% cap rate- please review the Annual Property Operating Data (APOD) sheet on the last page. Listing agent has ownership interest in this property. Property is tenant-occupied and appointments are booked weeks in advance. Due to HIPAA regulations, showings will only be scheduled after an accepted offer, subject to viewing the building.

FOR SALE DETAILS

PRICE

$139,900 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9-Cap Medical Investment

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Office

APN/PARCEL ID

K45-51332-0005

ASK ABOUT THIS PROPERTY

David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

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David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

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