Royal Bourbon Chicken
For Sale
Contact for pricing
6020 Old Troy Pike, Dayton, OH 45424
Built in 1977, this retail property provides a dedicated storefront setting for commercial use.
Property Size2,309 SF
Price / SF$199.22
Days on Market89
Property Features for 6020 Old Troy Pike
General Information
Standard status
Active
Size
2,309 SF
Total Parking Spaces
34
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$39,253
Additional Details
Cap Rate
8%
Building Details
Year Built
1977
Year Renovated
2015
Units
1
Tenancy
Single
Listing Agency:
Quantum Real Estate Advisors
Listed By:
Daniel Waszak · License #IL 475153121
Source:
Crexi
Added: Jul 19
Changed: Oct 8
Last Checked: Oct 14 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 Quantum Real Estate Advisors
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Investment Insights
Based on property information with market context.
Royal Bourbon Chicken is a 2,309-square-foot storefront property at 6020 Old Troy Pike in Dayton, Ohio. Constructed in 1977, the building is classified within the storefront and retail property categories.
The offering is presented with an 8.00% cap rate and is identified as a for-sale retail asset. Its established building footprint and storefront configuration support continued commercial retail use.
The offering is presented with an 8.00% cap rate and is identified as a for-sale retail asset. Its established building footprint and storefront configuration support continued commercial retail use.
Key Highlights
- 2,309‑square‑foot storefront property
- 8.00% cap rate
- Built in 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,785
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,700
$435.7K
Cap Rate 7%
$311,214
$311.2K
Cap Rate 9%
$242,056
$242.1K
Market Conditions
NOI Build-Up for 2,309 SF
Gross rent
$33.2K $14.40/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$31.1K $13.48/SF
− OpEx
−$9.3K −$4.04/SF
NOI
$21.8K $9.43/SF
Area
Dayton, OH
Vacancy
6.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,700
Cap Rate 7%
$311,214
Cap Rate 9%
$242,056
Alternative Uses
Best Use
Retail
$311.2K
$272.3K – $363.1K
NOI $21,785 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.1K
$430.6K – $574.1K
NOI $34,447 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45424, OH
50,920
Population
21,557
Households
2.4
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
31.5 sq mi
ZIP Area
1,617
Density / Sq Mi
$78,566
Median Household Income
$45,827
Median Earnings
$1,096
Median Rent
$169,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Dayton, OH
Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1977, this retail property provides a dedicated storefront setting for commercial use.
Where is this storefront property located?
The property is located at 6020 Old Troy Pike Dayton, OH.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 2,309‑square‑foot storefront property; 8.00% cap rate; Built in 1977
