9-Cap Medical Investment 8940 Kingsridge Dr 12,572 SF 100% Leased Office Building Dayton, OH 45458 $195,289 CAD ($15.53 CAD/SF)

Located in Miami Township with no local earnings tax, 8940 Kingsridge Rd. is a 12,000 square foot building comprised of four medical condominiums. Suite 105 is a 1,185 square foot unit that shares a 273 square foot waiting room with the other condos. This prime location is adjacent to the Dayton Mall and offers convenient access to the expressway. The suite features 6 offices, with 4-5 that have plumbing in the walls to be converted back into wet exam rooms. Condo has private entrance from outside and from common area waiting room with two additional restrooms. Ample parking is available in the large on-site lot.
The current tenant, a mental health practitioner, occupies two of the building’s condos, expanding into this one in early 2025. The current lease for Suite 105 is in effect through early 2028. The property offers an 9% cap rate- please review the Annual Property Operating Data (APOD) sheet on the last page. Listing agent has ownership interest in this property. Property is tenant-occupied and appointments are booked weeks in advance. Due to HIPAA regulations, showings will only be scheduled after an accepted offer, subject to viewing the building.