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    1740-1760 Thomas Paine Pkwy Centerville, OH 45459

    For Lease
    $12 SF/Yr ($19,697 /Mo)

    Modern warehouse suites, flexible layouts.

    Lot size:
    19,697 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 1740-1760 Thomas Paine Parkway in Centerville, Ohio, offers multiple warehouse suites for lease. The 19,697 square foot building, constructed in 2017, sits on a 2.66-acre lot and is zoned I-1. Three spaces are currently available, ranging from 3,096 to 5,740 contiguous square feet. Suite B (1744) offers 3,096 square feet with approximately 1,000 square feet of existing office space and 2,100 square feet of warehouse space. Suites E (1754) and F (1760) are both shell spaces, with Suite F being an end unit of 5,740 square feet. All units feature 16-foot ceilings and a 10-foot dock door. The unfinished areas are available for tenant build-out at tenant expense, with potential rent abatement during construction. The asking rent is $13 per square foot for Suite B and $12 per square foot for Suites E and F. Each unit is subject to a $615.46 monthly NNN charge. This property is located in Montgomery County, Ohio, with easy access to major transportation routes. The property offers a great opportunity for businesses seeking modern, flexible warehouse space in a prime location. The building is located in the 45459 zip code.

    Property Features for 1740-1760 Thomas Paine Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,697 SF
    Total Rate
    19697

    Building Details

    Year Built
    2017

    Unit(s) available at that property

    Space
    1760 Thomas Paine Parkway
    Size
    5,740 SF
    Rate per SF
    $12
    Space
    1754 Thomas Paine Parkway Suite E
    Size
    3,096 SF
    Rate per SF
    $12
    Space
    1744 Thomas Paine Parkway Suite E
    Size
    3,096 SF
    Rate per SF
    $13

    HighLights

    • 19,697 SF industrial building on a 2.66‑acre lot in Centerville, OH (45459).
    • Three warehouse suites available, ranging from 3,096 to 5,740 SF.
    • Suite B (3,096 SF) includes 1,000 SF of office space; Suites E & F (5,740 SF each) are shell spaces.
    • 16' ceilings, 10' dock door in each suite.
    • Asking rent: $13/SF (Suite B), $12/SF (Suites E & F); $615.46 monthly NNN charges.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centerville
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.124543
    Latitude
    39.651337

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse suites, flexible layouts.
    Where is this distribution property located?
    The property is located at 1740-1760 Thomas Paine Pkwy Centerville, OH.
    What is the lease rate?
    The lease rate is $12-$13 SF/Yr.
    What are key features of this property?
    This property features: 19,697 SF industrial building on a 2.66-acre lot in Centerville, OH (45459).; Three warehouse suites available, ranging from 3,096 to 5,740 SF.; Suite B (3,096 SF) includes 1,000 SF of office space; Suites E & F (5,740 SF each) are shell spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1740-1760 Thomas Paine Pkwy Centerville, OH 45459
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