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Class A Flex Manufacturing Building
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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
Listed By: Tony Taylor
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.

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 (±1% cap)
NOI $334,406 @ 7.0% cap · market cap 9.58%
Second Best
Office B
$4.69M
$4.10M – $5.47M (±1% cap)
NOI $328,120 @ 7.0% cap · market cap 9.40%
Theoretical Best
Office A
$6.87M
$6.01M – $8.01M (±1% cap)
NOI $480,895 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Schneider Electric Production Facility Telemecanique Sensors Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby
Balanced
Demand for This Use

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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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
(937) 776-0419 Call to check price and availability
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