West Chester Retail/Office
8786 Cincinnati Dayton West Chester, OH
For Sale
Contact for pricing
1,851+ SF retail or office space in West Chester, OH.
Property Size1,851 SF
Lot Size0.32 Acres
Price / SF$135.06
Days on Market2387
Property Features for 8786 Cincinnati Dayton
General Information
Standard status
Active
Size
1,851 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
North Ridge Realty Group
(513) 623-6505
Listed By:
John Stretch · License #2008004113
(513) 623-6505
Source:
Moodyscre
Added: Jan 14, 2020
Changed: Jul 10
Last Checked: Jul 21 at 4:25AM
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 North Ridge Realty Group
Investment Insights
Based on property information with market context.
This property offers 1,851+ square feet of retail or office space. The location is just minutes from Union Centre and I-75, situated in the Olde West Chester retail district. The property benefits from high visibility. Zoned B-1, it can be used commercially or with a residential component. A lower level and over-sized garage provide additional usable areas. Nearby national retailers include Panera, Starbucks, Topgolf, Bravo, Barnes & Noble, Chipotle, and Ikea.
Key Highlights
- Zoned B‑1 offering flexibility for commercial or residential ventures.
- High visibility location in the desirable Olde West Chester retail district.
- 1,851+ SF of retail or office space.
Financial Insights For Retail
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 | $30.0k | $16.20 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $28.4k | $15.36 |
| − OpEx | −$8.5k | −$4.61 |
| NOI | $19.9k | $10.75 |
1,851 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$284.3K
$248.7K – $331.7K
NOI $19,899 @ 7.0% cap · market cap 7.96%
Second Best
Office B
$248.9K
$217.8K – $290.4K
NOI $17,422 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$331.8K
$290.4K – $387.2K
NOI $23,229 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 1,851+ SF retail or office space in West Chester, OH.
Where is this retail space located?
The property is located at 8786 Cincinnati Dayton West Chester, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Zoned B‑1 offering flexibility for commercial or residential ventures.; High visibility location in the desirable Olde West Chester retail district.; 1,851+ SF of retail or office space.
