List Search

2416-2524 Stanley Ave
Dayton, OH 45404 Old North Dayton

$1,500,000

Service For Sale  •  63,850 Sq Ft

Property Details

  • Property Type Service
  • Total Building Size 63,850 Sq Ft
  • Lot Size 2.5 ac
  • Building Class C
  • Year Built 1972
  • Cap Rate 8.50 %
  • Tenancy Multiple
  • Zoning I-1
0 Transit Score
58 Walk Score

Description

Marcus and Millichap is pleased to present for sale the Stanley Service Center located at 2416-2524 Stanley Avenue, Dayton, OH. This offering consists of multi-tenant, Industrial Warehouse/Office building totaling 63,850 square feet and sit on approximately 2.5 aces of land. Subject property benefits from 87% occupancy at below market rents.

Highlights

Multi-Tenant industrial office/warehouse building in the fast-growing North Dayton submarket.
Located within an Opportunity Zone.
Property benefits from 87% occupancy rate at below market rents. average market rents are $4.35/SF, subject property average rents are$3.96.
Property benefits from 18’ ceiling heights and comes equipped with sixteen, 12’x14’ drive in dock doors.

Property Flyers

Financial Summary

Cap Rate: 8.50 %

Public Transportation

AirportDriveWalkDistance
Dayton International Airport 19 min - 11.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Darpan Patel 513-878-7723 Marcus & Millichap
Darpan Patel 513-878-7723 Marcus & Millichap