Class A Flex Manufacturing
For Sale
Contact for pricing
1875 Founders Dr, Dayton, OH 45420
Renovated light industrial/flex building with four overhead doors and 80 parking spaces, plus office and conference areas.
Property Size32,235 SF
Lot Size6.53 Acres
Price / SF$108.27
Days on Market101
Property Features for 1875 Founders Dr
General Information
Standard status
Active
Size
32,235 SF
Class
A
Total Parking Spaces
80
Lot size
6.53 Acres
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Amenities
corporate conference rooms
Building Details
Tenancy
Single
Listing Agency:
Crest Commercial Realty
(937) 776-0419
Listed By:
Tony Taylor
(937) 776-0419
Source:
Moodyscre
Added: Apr 21
Changed: Jul 28
Last Checked: Jul 30 at 2:19PM
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.
The Telemecanique Sensor Competency Center is a Class A, single-tenant flex and light industrial building totaling 32,235 square feet. Renovated improvements feature upscale office and corporate conference rooms at the front, with flexible space in the rear that can support production, laboratories, or research and development. The facility is equipped with interior HVAC systems and includes four overhead doors, along with 80 parking spaces on the 6.529-acre site.
Located in Miami Valley Research Park at 1875 Founders Dr in the Dayton, OH area, the property is described as being minutes from Wright-Patterson Air Force Base and major highways including I-75 and I-675. The campus setting includes ample green space surrounding the building.
The building is presented as a maintained, turn-key option for an owner/occupant aligned with light industrial operations requiring both office amenities and flexible production or lab/R&D space.
Located in Miami Valley Research Park at 1875 Founders Dr in the Dayton, OH area, the property is described as being minutes from Wright-Patterson Air Force Base and major highways including I-75 and I-675. The campus setting includes ample green space surrounding the building.
The building is presented as a maintained, turn-key option for an owner/occupant aligned with light industrial operations requiring both office amenities and flexible production or lab/R&D space.
Key Highlights
- Class A single‑tenant light industrial/flex building totaling 32,235 SF in Miami Valley Research Park
- Renovated space with office and corporate conference rooms in front, plus flexible area at the rear for production, labs, or R&D
- Light industrial site with four overhead doors and 80 parking spaces
Financial Insights For Industrial
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 | $425.5k | $13.20 |
| − Vacancy | −$14.9k | −$0.46 |
| EGI | $410.6k | $12.74 |
| − OpEx | −$123.2k | −$3.82 |
| NOI | $287.4k | $8.92 |
32,235 SF · lease $13.20/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$4.78M
$4.18M – $5.57M
NOI $334,406 @ 7.0% cap · market cap 9.58%
Second Best
Office B
$4.69M
$4.10M – $5.47M
NOI $328,120 @ 7.0% cap · market cap 9.40%
Theoretical Best
Office A
$6.87M
$6.01M – $8.01M
NOI $480,895 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45420, OH
25,045
Population
12,391
Households
2
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,913
Density / Sq Mi
$56,670
Median Household Income
$41,156
Median Earnings
$918
Median Rent
$116,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated light industrial/flex building with four overhead doors and 80 parking spaces, plus office and conference areas.
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 $3,490,000.
What are key features of this property?
This property features: Class A single‑tenant light industrial/flex building totaling 32,235 SF in Miami Valley Research Park; Renovated space with office and corporate conference rooms in front, plus flexible area at the rear for production, labs, or R&D; Light industrial site with four overhead doors and 80 parking spaces