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4395 Springfield St 18,669 SF Industrial Building Dayton, OH 45431 $2,215,056 CAD ($118.65 CAD/SF) 7.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent investment opportunity!
- Large industrial building is 100% leased with in-place tenant since 1992.
- Located in the City of Dayton with proximity to US-35 and I-675.
- Single-story building is 18,669 SF and situated on 1.805 acres
- The property is well maintained and well-secured with easy access.
- Zoned I-1, Light Industrial
EXECUTIVE SUMMARY
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
The property is well-maintained and well-secured with easy access and proximity to US-35 & I-675.
Sale Price $1,600,000
PROPERTY FACTS
AMENITIES
- Controlled Access
- Fenced Lot
- Security System
- Air Conditioning
- Breakroom
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- -
- -
The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Brink’s customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Brink’s network of operations in 52 countries serves customers in more than 100 countries.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $169,132 CAD | |
| Land Assessment | $34,529 CAD | Total Assessment | $203,661 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$34,529 CAD
Improvements Assessment
$169,132 CAD
Total Assessment
$203,661 CAD
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4395 Springfield St
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