4395 Springfield St – Investment Property
4395 Springfield St – Investment Property - INVESTMENT FOR SALE
4395 Springfield St, Dayton 45431
4395 Springfield St – Investment Property
Investment Opportunity! 100% Leased with long-term tenant since 1992.
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.
Property Highlights:
- 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
Details
Status
:
Available
Option
:
FOR SALE
Unit Size
:
18,669 SF
Price
:
$1,600,000
Price Per Sq Ft
:
$85.70
Address
:
4395 Springfield St
City
:
Dayton
State
:
OH
Zip Code
:
45431
Latitude
:
39.779819
Longitude
:
-84.135212
Features
Features
Multi Use
Flex Industrial
24 Hour Access
Air Conditioning
Fenced Lot
High Ceilings
Motorized Gate Entrance
Parking
Security System
Minutes from Wright Patterson AFB
Close proximity to US-35
Property Facts
Property Type
:
INVESTMENT
Building Size
:
18,669
Floors
:
1
Gross Leasable Area
:
18,669
Land Acres
:
1.805 AC
Year Built
:
1950
Year Renovated
:
1991
Zoning
:
I-1, Light Industrial
Parcel ID
:
R72217519-0014, 0016
