9420 Dayton Lebanon Pike - Storefront Retail/Office FOR SALE


Dayton, OH 45458- Outer Centerville/Kettering
$1,095,000 USD
937-360-9952
9420 Dayton Lebanon Pike, Dayton, OH for Sale
$1,095,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

9420 Dayton Lebanon Pike
Dayton, OH 45458
Outer Centerville/Kettering


HIGHLIGHTS

  • 100% occupied, single-tenant medical/dental office — passive, management-light net income
  • DSO-affiliated tenant — practice affiliated with North American Dental Group (NADG), a multi-state organization supporting 240+ locations
  • Proven, long-term tenancy — in operation at the site since 2009; recently extended (2023) through Aug 2029, demonstrating commitment to the location

OVERVIEW

Coldwell Banker Commercial | Heritage is pleased to present 9420 Dayton Lebanon Pike — a 100% leased, single-tenant medical/dental office investment located on State Route 48 in the heart of Centerville, one of the Dayton metro's most affluent and supply-constrained submarkets. The 5,760-square-foot freestanding building sits on ±0.59 acres with prominent frontage and dedicated parking along a primary north–south commercial arterial. The property is fully occupied by an established dental practice affiliated with North American Dental Group (NADG), a multi-state dental support organization, providing a passive, management-light income stream backed by a sticky, capital-intensive healthcare use. The tenant has operated at this location since 2009 and recently reaffirmed its long-term commitment, extending the lease through August 2029 with two additional three-year renewal options that provide potential lease control through 2035, plus contractual rental escalations. Purpose-built dental improvements, high switching costs, and a recession-resilient, e-commerce-resistant use translate to low rollover risk and durable cash flow. With strong household incomes, healthcare-driven demand, and a scarcity of available medical product in the trade area, 9420 Dayton Lebanon Pike represents an attractive opportunity for 1031 exchange buyers, private and passive investors, and owner-user/DSO consolidation. Detailed financials and the full offering memorandum are available to qualified parties upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

100% occupied, single-tenant medical/dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

CROSS STREETS

Marco Lane

LAND ACRES

0.59 AC

LAND SF

25,761 SF

ZONING

-

APN/PARCEL ID

O67-21616-0002

ASK ABOUT THIS PROPERTY

Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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