Single-Tenant Flex
1875 Founders Dr Dayton, OH 45420
1875 Founders Dr, Dayton, OH, 45420
Contact for pricing
For Sale
Contact for pricing
Renovated flex/industrial facility with office-forward layout, four overhead doors, and 80 parking spaces, 100% leased.
Property Size32,235 SF
Lot Size6.53 Acres
Price / SF$117.57
Days on Market93
Property Features for 1875 Founders Dr
General Information
- Standard status
- Active
- Size
- 32,235 SF
- Lot size
- 6.53 Acres
- Property subtype
- Industrial, Mixed Use, Office
Building Details
- Year Built
- 1996
Listing agency
Crest Commercial Realty
Listed by
Anthony Taylor · License #OH 2006001798
Source
Crexi
Added: Apr 21 Updated: Jul 21 at 9:38PM Checked: Jul 21 at 9:38PM
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 Crest Commercial Realty
Investment Insights
Based on property information with market context.
This single-tenant flex/industrial building offers 32,235 square feet with renovated office and corporate conference rooms at the front and flexible space at the rear designed for production, laboratories, or research and development. The property is classified as light industrial and includes interior HVAC systems for day-to-day support and maintenance.
The facility is located within Miami Valley Research Park in the southern Dayton suburbs, specifically in Kettering and Beavercreek. The campus spans 1,250 acres, and the building sits on a 6.529-acre site. The property is described as being minutes from Wright Patterson Air Force Base and major highways such as I-75 and I-675, and it has four overhead doors plus 80 parking spaces.
The building is operated as the Telemecanique Sensor Competency Center, supporting Telemecanique Sensors, a division of the Yageo Group. It is offered for sale with the space reported as 100% leased.
The facility is located within Miami Valley Research Park in the southern Dayton suburbs, specifically in Kettering and Beavercreek. The campus spans 1,250 acres, and the building sits on a 6.529-acre site. The property is described as being minutes from Wright Patterson Air Force Base and major highways such as I-75 and I-675, and it has four overhead doors plus 80 parking spaces.
The building is operated as the Telemecanique Sensor Competency Center, supporting Telemecanique Sensors, a division of the Yageo Group. It is offered for sale with the space reported as 100% leased.
Key Highlights
- Single‑tenant Telemecanique Sensor Competency Center offers 32,235 SF in Light Industrial space
- 100% leased with a stated 10.11% cap rate; building offered for $3,790,000
- Office‑forward renovated layout with corporate conference and upscale office spaces plus flexible rear production/R&D space
Local Financial Insights For Flex RnD
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 | $541.5k | $16.80 |
| − Vacancy | −$27.1k | −$0.84 |
| EGI | $514.5k | $15.96 |
| − OpEx | −$180.1k | −$5.59 |
| NOI | $334.4k | $10.37 |
32,235 SF · lease $16.80/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$4.99M
$4.36M – $5.82M
NOI $349,018 @ 7.0% cap · market cap 9.21%
Second Best
Flex RnD
$4.78M
$4.18M – $5.57M
NOI $334,406 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$6.87M
$6.01M – $8.01M
NOI $480,895 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Schneider Electric
Production Facility
Telemecanique Sensors
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Renovated flex/industrial facility with office-forward layout, four overhead doors, and 80 parking spaces, 100% leased.
Where is this flex space located?
The property is located at 1875 Founders Dr Dayton, OH.
What is the asking price?
The asking price for this property is $3,790,000.
What are key features of this property?
This property features: Single‑tenant Telemecanique Sensor Competency Center offers 32,235 SF in Light Industrial space; 100% leased with a stated 10.11% cap rate; building offered for $3,790,000; Office‑forward renovated layout with corporate conference and upscale office spaces plus flexible rear production/R&D space
