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4750 Hempstead Station Dr 29,335 SF Office Building Kettering, OH 45429 $4,884,324 CAD ($166.50 CAD/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 5-Minutes to I-675, 10-Minutes to US-35, 10-Minutes to I-75
EXECUTIVE SUMMARY
The Lease (dated June of 2025) was a Five (5) Year Initial Term which has an Expiration Date of June 2030. The Lease is Double Net and the tenant will be responsible for property taxes and exterior property maintenance, i.e., snow removal, grass cutting, etc.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
29,335 SF
Building Class
B
Year Built/Renovated
1996/2016
Price
$4,884,324 CAD
Price Per SF
$166.50 CAD
Cap Rate
7.75%
NOI
$378,653 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
29,335 SF
Building FAR
0.17
Lot Size
4.04 AC
Zoning
ED-3 - ED-3 (Economic Development)
Parking
110 Spaces (3.75 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | N64-04416-0010 | Improvements Assessment | $557,163 CAD |
| Land Assessment | $119,381 CAD | Total Assessment | $676,544 CAD |
PROPERTY TAXES
Parcel Number
N64-04416-0010
Land Assessment
$119,381 CAD
Improvements Assessment
$557,163 CAD
Total Assessment
$676,544 CAD
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4750 Hempstead Station Dr
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