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2554 Needmore Rd 54,624 SF Industrial Building Dayton, OH 45414 $3,906,560 CAD ($71.52 CAD/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $3,906,560 CAD
Price Per SF $71.52 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.41 AC
Rentable Building Area 54,624 SF
No. Stories 1
Year Built 1965
Parking Ratio 1.03/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 4
Zoning I-1 - (I-1) light industrial

AMENITIES

  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
72
1 h 24 m
Indianapolis
867,125
111
2 h 9 m
Chicago
2,705,994
292
5 h 41 m
Charlotte
872,498
460
8 h 48 m
Washington
702,455
463
8 h 56 m
Philadelphia
1,584,138
539
10 h 22 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
460,375
Total Labor Force
232,903
Unemployment Rate
4.15%
Median Household Income
$55,186
Warehouse Employees
43,074
High School Education Or Higher
90.50%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
E21-01010-0068
Land Assessment
$191,169 CAD
Improvements Assessment
$244,687 CAD
Total Assessment
$435,857 CAD
  • Listing ID: 34635258

  • Date on Market: 2025-01-28

  • Last Updated:

  • Address: 2554 Needmore Rd, Dayton, OH 45414

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