Warehouse with Dock
875 Center Dr Vandalia, OH 45377
For Sale
Contact for pricing
Warehouse offering 9 dock doors, expandable to 14, plus a 6,000 SF office and 21' clear height.
Property Size100,000 SF
Lot Size8.20 Acres
Price / SF$70
Days on Market254
Property Features for 875 Center Dr
General Information
Standard status
Active
Size
100,000 SF
Lot size
8.20 Acres
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Cincinnati
(513) 600-6700
Listed By:
Doug Whitten · License #2005000631
(513) 600-6700
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Jul 29
Last Checked: Jul 29 at 3:16AM
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 CBRE | Cincinnati
Investment Insights
Based on property information with market context.
This warehouse property includes approximately 99,000 SF of industrial space with a dedicated office component of approximately 6,000 SF. The facility offers 21’ clear height and a 40’ x 40’ column spacing pattern designed for efficient operating layouts. Loading is supported by 9 dock doors, with the ability to expand to 14, along with 1 drive-in door.
The site provides about 8.2 acres of land and approximately 60 auto parking spaces. The warehouse design includes substantial vertical clearance and dock capacity that can support a range of logistics and distribution needs.
With its dock door count, expandable loading configuration, and moderate office presence, the property is structured to accommodate both warehouse operations and on-site administrative functions.
The site provides about 8.2 acres of land and approximately 60 auto parking spaces. The warehouse design includes substantial vertical clearance and dock capacity that can support a range of logistics and distribution needs.
With its dock door count, expandable loading configuration, and moderate office presence, the property is structured to accommodate both warehouse operations and on-site administrative functions.
Key Highlights
- ±99,000 SF warehouse with ±6,000 SF office and 21' clear height
- 9 dock doors expandable to 14 dock doors
- 40' x 40' column spacing
Financial Insights For Warehouse
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 | $804.0k | $8.04 |
| − Vacancy | −$51.5k | −$0.51 |
| EGI | $752.5k | $7.53 |
| − OpEx | −$112.9k | −$1.13 |
| NOI | $639.7k | $6.40 |
100,000 SF · lease $8.04/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$11.78M
$10.30M – $13.74M
NOI $824,288 @ 7.0% cap · market cap 11.78%
Second Best
Warehouse
$9.14M
$8.00M – $10.66M
NOI $639,662 @ 7.0% cap · market cap 9.14%
Theoretical Best
Multifamily LT 5
$945.81M
$827.58M – $1,103.45M
NOI $66,206,700 @ 7.0% cap · market cap 945.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- National Road Store & Lock Llc — 865 E National Rd, Vandalia, OH 45377
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse offering 9 dock doors, expandable to 14, plus a 6,000 SF office and 21' clear height.
Where is this warehouse located?
The property is located at 875 Center Dr Vandalia, OH.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: ±99,000 SF warehouse with ±6,000 SF office and 21' clear height; 9 dock doors expandable to 14 dock doors; 40' x 40' column spacing
