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Investment - Single Tenant Medical 8120 Garnet Dr

9,600 SF Office Building Dayton, OH 45458 £1,529,871 (£159/SF) 6.63% Net Initial Yield

Executive Summary

Situated between affluent suburbs of Centerville and Miamisburg, the property benefits from high-end demographics and a thriving local economy. Conveniently located near major thoroughfares, the property enjoys easy access for both patients and staff. Its proximity to residential areas and regional trade areas such as Austin Landing and Dayton Mall enhances its visibility and accessibility, contributing to its appeal for tenants and investors alike.
Built in 2005, the 9,600 square foot brick building offers modern infrastructure and Ample parking with a ratio of 4.58 per 1000 SF.  Its stunning architecture and grounds have been well-maintained eliminating the need for near term capital expenditures.  Prominent monument signage on Garnett Drive provides enhances visibility and exposure.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
9,600 SF
Building Class
B
Year Built
2005
Price
£1,529,871
Price Per SF
£159
Net Initial Yield
6.63%
NOI
£101,501
Tenancy
Single
Number of Floors
2
Typical Floor Size
7,200 SF
Building FAR
0.22
Land Acres
1.00 AC
Parking
44 Spaces (4.58 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
O67-03815-0048
Land Assessment
£86,025
Improvements Assessment
£412,702
Total Assessment
£498,727
  • Listing ID: 31748844

  • Date on Market: 09/05/2024

  • Last Updated:

  • Address: 8120 Garnet Dr, Dayton, OH 45458

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