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First-Floor Office Units
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8368 Princeton Glendale Road, West Chester, OH 45069

Commercial Sale, West Chester, OH

Property Size3,925 SF
Lot Size0.15 Acres
Days on Market151

Property Features for 8368 Princeton Glendale Road

General Information

Property type Commercial Sale
Property subtype Other
Directions Union Centre to Princeton Glendale to building. 2nd from left unit.
Subdivision Butler-E12
Standard status Active
APN M5620453000004
Size 3,925 SF
Lot size 0.15 Acres

Utilities

Heating system Forced Air, Natural Gas

Amenities

signage

Building Details

Year built 2004
Flooring type Carpet, Wood
Building materials Brick
Roof type Shingle
Listing Agency: eXp Realty
Listed By: Nicholas Motz · License #2005008725
Added: May 20 Changed: Oct 14 Last Checked: Oct 17 at 10:06PM
MLS# 1879996

Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

First-floor office units at Beckett Towne Center are currently configured for office use and can be divided into spaces ranging from 990 to 3,450 square feet. The building was constructed in 2004 with brick construction, carpet and wood flooring, natural gas forced-air heat, and a shingle roof. Signage and plentiful parking support day-to-day business operations.

The property is located at 8368 Princeton Glendale Road in West Chester, Ohio, within Butler County. Its office layout and divisible configuration provide flexibility for businesses seeking a professional commercial setting with adaptable space requirements.

Key Highlights

  • 990‑3,450 SF of divisible first‑floor office space
  • Currently finished for office use
  • Plentiful on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,664
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,280 $333.3K
Cap Rate 7%
$238,057 $238.1K
Cap Rate 9%
$185,156 $185.2K
Market Conditions
NOI Build-Up for 3,925 SF
Gross rent
$25.4K $6.48/SF
− Vacancy
−$1.6K −$0.41/SF
EGI
$23.8K $6.07/SF
− OpEx
−$7.1K −$1.82/SF
NOI
$16.7K $4.25/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,280
Cap Rate 7%
$238,057
Cap Rate 9%
$185,156

Alternative Uses

Best Use
Office B
$638.6K
$558.8K – $745.0K (±1% cap)
NOI $44,700 @ 7.0% cap · market cap 4,470,000.00%
Second Best
Retail
$238.1K
$208.3K – $277.7K (±1% cap)
NOI $16,664 @ 7.0% cap · market cap 1,666,400.00%
Theoretical Best
Office A
$776.1K
$679.1K – $905.4K (±1% cap)
NOI $54,324 @ 7.0% cap · market cap 5,432,400.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Bakery (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring 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

748
Businesses Nearby

Demographics for 45069, OH

53,694
Population
21,727
Households
2.5
Avg Household Size
40
Median Age
53%
College-Educated
95%
High-School Grad
29.0 sq mi
ZIP Area
1,852
Density / Sq Mi
$115,539
Median Household Income
$61,747
Median Earnings
$1,585
Median Rent
$314,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites with divisible layouts, on-site parking, and building signage.
Where is this office units located?
The property is located at 8368 Princeton Glendale Road West Chester, OH.
What are key features of this property?
This property features: 990‑3,450 SF of divisible first‑floor office space; Currently finished for office use; Plentiful on‑site parking
More about this property
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