78 E Franklin St, Dayton, OH
Two-story office building in historic downtown Centerville, fully leased.
- Added:
- Apr 4, 2024
- Days on Market:
- 801
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 78 E Franklin St
General Information
- Standard status
- Active
- Size
- 2,410 SF
- Lot size
- 0.13 Acres
- Property subtype
- OFFICE
Listing agent Tim Albro License #0000349883 (937) 609-8071
Listing office Crest Commercial Realty (937) 609-8071
Listing date Apr 4, 2024
Source Moodyscre
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
HighLights
- FULLY LEASED Free‑Standing Building
- Located in historic downtown Centerville
- On‑site parking with 8 spaces
- Great visibility and street signage
- Easy access to amenities and close to Kettering, Miamisburg, and Beavercreek
- Minutes from I‑675 and I‑75
Overview
Local Financial Insights For Office B
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 | $41.9k | $17.40 |
| − Vacancy | −$9.2k | −$3.83 |
| EGI | $32.7k | $13.57 |
| − OpEx | −$8.2k | −$3.39 |
| NOI | $24.5k | $10.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dayton
- County
- Greene
- State
- Ohio
- Longitude
- -84.1562
- Latitude
- 39.6283