Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2900 Wilmington Pike Kettering, OH 45429

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $120,000

    Prime corner location suitable for fast food with drive-thru.

    Building Details

    Year built
    1966

    We can help!

    Listing Contact
    Robert Zavakos
    Robert Zavakos
    Source: Naiglobal

    Listing Agent: Robert Zavakos

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Kettering Corner Location For Lease

    This property presents a builder suit opportunity or ground lease, ideally suited for a fast-food establishment with a drive-thru. The corner location benefits from high traffic counts, with Wilmington Pike recording 31,285 cars per day and Dorothy Lane recording 26,240 cars per day. The area boasts an excellent household income. The site features easy ingress and egress.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kettering
    County
    Greene
    State
    Ohio
    Longitude
    -84.1619
    Latitude
    39.6848

    Nearby Similar for Lease

    • $13 SF/Yr
      1,200 SF

      Retail Space in Kettering, OH

      Retail space available with high visibility and established tenants.
      1906-1926 E Whipp Rd, Kettering, OH
      View Details
    • $22 SF/Yr
      50,000 SF

      Upscale Retail Destination in Kettering

      Specialty center in Kettering with excellent visibility and accessibility.
      100-424 E Stroop Rd, Kettering, OH 45429
      View Details
    • $98,000
      1,925 SF

      Kettering Office Condo For Rent

      First-floor office condo with versatile layout in Kettering business corridor.
      5600 Kentshire Dr, Kettering, OH
      View Details
    • $2,200,000
      12,800 SF

      Kettering Office Building For Rent

      Office building with 12,800 square feet available for rent.
      1785 Woodman Dr, Kettering, OH 45431
      View Details
    • $8 SF/Yr
      23,400 SF

      Retail Space on Wilmington Pike

      Retail property available for lease in Kettering, Ohio.
      2758-2852 Wilmington Pike, Kettering, OH
      View Details
    • Contact for pricing
      4,017 SF

      Retail Space on Dorothy Lane

      Retail space with high visibility and traffic in Kettering, OH.
      2110 E Dorothy Ln, Kettering, OH 45419
      View Details
    • $22 SF/Yr
      50,000 SF

      Upscale Dayton Shopping Destination

      Retail spaces in Kettering's premier shopping destination.
      4116 West Town And Country Rd, Kettering, OH 45429
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space on Wilmington Pike

      Retail space with street frontage in high-traffic Kettering.
      2801 Wilmington Pike, Kettering, OH
      View Details
    • Contact for pricing
      11,456 SF

      Office Space in Kettering, OH

      Office space for lease in Kettering near Wright-Patt AFB.
      3139 Research Blvd, Kettering, OH
      View Details
    • Contact for pricing
      3,758 SF

      Office Space in Kettering, OH

      Office park with classic design and updated amenities for rent.
      3171 Research Blvd, Kettering, OH
      View Details
    • Contact for pricing
      17,088 SF

      Office Space in Kettering, OH

      Office space for rent in Kettering, Ohio.
      3123 Research Blvd, Kettering, OH
      View Details
    • $13 SF/Yr
      51,250 SF

      Woodman Drive Office Space

      Kettering office suites, flexible space
      3085 Woodman Dr, Kettering, OH 45420
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Prime corner location suitable for fast food with drive-thru.
    Where is this drive through restaurant located?
    The property is located at 2900 Wilmington Pike Kettering, OH.
    What is the lease rate?
    The lease rate is $120,000.
    What are key features of this property?
    This property features: - High Traffic Counts: Wilmington Pike - 31,285 CPD | Dorothy Lane: 26,240; - Perfect for Fast Food with Drive Thru; - Corner Location at Light
    (937) 294-7777
    Request Owner's contact information
    2900 Wilmington Pike Kettering, OH 45429
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2900 Wilmington Pike
    Kettering, OH 45429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2900 Wilmington Pike Kettering, OH 45429
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robert Zavakos
    Robert Zavakos
    Real Estate License ID: #BRKP.0000352271
    (937) 294-7777 (937) 603-3300 (513) 769-1700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!