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Government-Leased Office Building
For Sale
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Pending

80 N Progress Dr, Xenia, OH 45385

Office property occupied by the U.S. General Services Administration under a modified gross lease.

Property SizeContact for details
Days on Market146

Property Features for 80 N Progress Dr

General Information

Standard status Pending
Property subtype Office
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Michael Carter · License #MI 6501369793
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Aug 31 at 8:12PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The property is an office building occupied by the U.S. General Services Administration for Social Security Administration operations. Ownership includes the land and building, and the lease is structured on a modified gross basis. The lease also provides annual CPI adjustments during its initial term.

Located at 80 N Progress Dr in Xenia, the building sits near the signalized intersection of Progress Drive and West Main Street. The intersection carries a combined average of 27,100 vehicles daily, while West Main Street connects Xenia with the Dayton MSA. A community retail center of more than 100,000 square feet, anchored by Kroger, is across the street. Walmart Supercenter and Lowe’s Home Improvement are also nearby.

The surrounding five-mile trade area includes more than 48,000 residents and 17,000 employees, with an average household income of $88,101. The property is positioned within an area characterized by residential housing and nearby retail activity.

Key Highlights

  • U.S. General Services Administration occupancy for Social Security Administration operations
  • Modified gross lease with annual CPI adjustments during the initial term
  • Fee simple ownership of the land and building

Property Analytics

Current Use

Social Security Administration Social Security Office

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 45385, OH

39,446
Population
17,097
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
137.2 sq mi
ZIP Area
288
Density / Sq Mi
$75,327
Median Household Income
$45,396
Median Earnings
$899
Median Rent
$197,300
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?
Office building - Office property occupied by the U.S. General Services Administration under a modified gross lease.
Where is this office building located?
The property is located at 80 N Progress Dr Xenia, OH.
What are key features of this property?
This property features: U.S. General Services Administration occupancy for Social Security Administration operations; Modified gross lease with annual CPI adjustments during the initial term; Fee simple ownership of the land and building
(248) 688-0630 Call to check price and availability
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