3245 Dayton Xenia Rd - Bank FOR SALE


Dayton, OH 45434
$857,000 USD
720-966-1630
3245 Dayton Xenia Rd, Dayton, OH for Sale
$857,000 USD
Bank - FOR SALE
1/6
null | 5.25% Cap Rate

3245 Dayton Xenia Rd
Dayton, OH 45434


HIGHLIGHTS

  • New 5-year lease extension beginning January 1, 2025
  • Absolute NNN ground lease with zero landlord responsibilities
  • Scheduled 2.5% annual rental increases hedge against inflation
  • Pad site to 18th busiest Kroger in the nation with 2M annual visitors
  • Below market lease rate of $14.62/SF
  • High three-mile average household income of $143,826

OVERVIEW

Blue West Capital is pleased to exclusively offer for sale a single-tenant U.S. Bank located in Beavercreek, OH (Dayton MSA). U.S. Bank is operating on an absolute NNN ground lease offering no landlord responsibilities. U.S. Bank has been operating at this location for nearly 50 years and recently signed a 5-year lease extension which begins December 1, 2025 and includes two, five-year options. The property is located along Dayton-Xenia Rd (15,000 VPD) at its intersection with N Fairfield Rd (27,300 VPD). The property is a pad site to the 8th busiest Kroger in the nation with 2 million annual visitors. U.S. Bank is an investment-grade bank (S&P: A+) and the 5th largest in the U.S. by assets ($665B).

FOR SALE DETAILS

PRICE

$857,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

B2

APN/PARCEL ID

B42-0005-0005-0-0181-00

ASK ABOUT THIS PROPERTY

Robert EdwardsBlue West Capital, LLC.More Info
720-966-1630

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Robert EdwardsBlue West Capital, LLC.More Info
720-966-1630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.