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    Retail Property on National Road Title is generated by Realmo AI

    706 W National Rd, Vandalia, OH

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    Retail property available for sale in Vandalia, Ohio.

    Type:RETAIL
    Property size:
    5,346 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $187/SF
    Added:
    May 7, 2025
    Days on Market:
    410
    Last Refresh:
    May 20 at 9:15 pm

    Property Features for 706 W National Rd

    General Information

    Standard status
    Active
    Size
    5,346 SF
    Lot size
    0.30 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Rusty Myers
    Rusty Myers

    Listing agent Rusty Myers

    Listing office JLL | Cincinnati

    Listing date May 7, 2025

    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 JLL | Cincinnati

    HighLights

    • Retail property available for sale.
    • Located in Vandalia, Ohio.

    Overview

    This retail property, located on West National Road in Vandalia, Ohio, offers 5,346 square feet of space. It is suitable for retail or other retail purposes.

    Local Financial Insights For Retail

    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 $96.2k $18.00
    − Vacancy −$7.4k −$1.39
    EGI $88.8k $16.61
    − OpEx −$26.6k −$4.98
    NOI $62.2k $11.63
    5,346 SF · lease $18.00/SF/yr · vacancy 7.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $888.2K
    $777.2K – $1.04M (±1% cap)
    NOI $62,173 @ 7.0% cap · market cap 6.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $50.56M
    $44.24M – $58.99M (±1% cap)
    NOI $3,539,410 @ 7.0% cap · market cap 353.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    PNC Bank Bank PNC Mortgage Loan Service PNC ATM Atm

    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
    Vandalia
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2108
    Latitude
    39.8895

    FAQs

    What type of property is this?
    Retail property - Retail property available for sale in Vandalia, Ohio.
    Where is this retail property located?
    The property is located at 706 W National Rd Vandalia, OH.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Retail property available for sale.; Located in Vandalia, Ohio.
    (513) 241-4600 Call to check price and availability
    More about this property
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