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    Kettering Office Building For Rent Title is generated by Realmo AI

    1785 Woodman Dr, Kettering, OH

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    Office building with 12,800 square feet available for rent.

    Type:RETAIL
    Property size:
    12,800 SF
    Lot size:
    1.46 Acres
    Price / SF:
    $171/SF
    Added:
    Jul 5, 2023
    Days on Market:
    1073
    Last Refresh:
    May 20 at 8:13 pm

    Property Features for 1785 Woodman Dr

    General Information

    Standard status
    Active
    Size
    12,800 SF
    Lot size
    1.46 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 1785 Woodman Dr Contact us

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    Listing Contact
    Tracey Herron

    Listing agent Tracey Herron

    Listing office Equity | Dayton

    Listing date Jul 5, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Equity | Dayton

    HighLights

    • 12,800 square feet available for rent.
    • Office building.

    Overview

    This office building in Kettering, Ohio, offers 12,800 square feet of space available for rent. The property is located at 1785 Woodman Dr.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $274.9k $21.48
    − Vacancy −$50.3k −$3.93
    EGI $224.6k $17.55
    − OpEx −$56.2k −$4.39
    NOI $168.5k $13.16
    12,800 SF · lease $21.48/SF/yr · vacancy 18.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.41M
    $2.11M – $2.81M (±1% cap)
    NOI $168,472 @ 7.0% cap · market cap 7.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kettering
    County
    Greene
    State
    Ohio
    Longitude
    -84.1234
    Latitude
    39.7232

    FAQs

    What type of property is this?
    Office building - Office building with 12,800 square feet available for rent.
    Where is this office building located?
    The property is located at 1785 Woodman Dr Kettering, OH.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 12,800 square feet available for rent.; Office building.
    (937) 216-4636 Call to check price and availability
    More about this property
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