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3033 Kettering Blvd Moraine, OH 45439

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For Sale
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Two well-maintained office buildings with high value-add potential.

Property size:
130,584 SF
Lot size:
8.12 Acres

Property Features for 3033 Kettering Blvd

General Information

Standard status
Active
Zoning
Office
Size
130,584 SF
Lot size
8.12 Acres

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Listing Contact
Forest Bender
Source: Crexi

Listing Agency: Marcus & Millichap - Indianapolis Listing Agent: Forest Bender

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

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Overview

Two-Building Office Portfolio in Moraine

The Point West Office Portfolio comprises two multi-tenant professional office buildings, totaling 131,172 square feet. Constructed in 1985, the buildings have been well-maintained and updated. The combined occupancy rate is 74%, with Point West II at 87% and Point West III at 59%. The properties are occupied by a mix of local and regional professional tenants, presenting high value-add potential for a new owner. Situated in the South-Central Dayton Submarket of Moraine, Ohio, the portfolio is located 10 minutes from downtown Dayton and 0.5 miles off I-75 N, as well as 9 miles from I-70, a commercial highway with approximately 53,000 vehicles per day. Serving the Dayton Metro area with a population of 746,000, the Point West Office Portfolio is one of the few communities with Class B Medical/Professional office assets in the area. The office park offers access to downtown Dayton, abundant parking, and landscaping. The properties sit on over 8 acres and feature over 489 surface parking spaces. The northern elevation of the buildings offers visibility overlooking Dorothy Ln, providing access to both offices and surrounding restaurants. With a 5.6% market vacancy, the properties offer an opportunity for acquisition with cash flow upside potential with vacancy and replaceable, below market rents.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Moraine
County
Montgomery
State
Ohio
Longitude
-84.203471
Latitude
39.7076432

FAQs

What type of property is this?
Office building - Two well-maintained office buildings with high value-add potential.
Where is this office building located?
The property is located at 3033 Kettering Blvd Moraine, OH.
What are key features of this property?
This property features: - High value-add potential through increased occupancy and market rent adjustments.; - Strong cash flow upside potential due to current vacancy and below-market rents.; - Excellent location in the South-Central Dayton Submarket, near I-75 and I-70.
More about this property
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