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    FOR LEASE
    Medical Office Space

    4140 Salem Ave, Dayton, OH 45416

    10,543 SF 4.32 ac lot Built 2008
    Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US66-3844115
    Property summary
    AI-generated overview

    This exceptional 10,543 square foot multi-tenant office building, located at 4140 Salem Avenue in Trotwood, Ohio, presents a compelling investment opportunity. Built in 2008, this Class B property sits on a generous 4.319-acre lot and is currently configured to accommodate a variety of medical and office uses. The asking price is $950,000, translating to $90.11 per square foot. The building features a spacious lobby and is currently occupied by a family practice, a pharmacy, and one additional office space, with two additional shell spaces available for immediate lease-up or build-out. The existing tenants provide a strong foundation for immediate cash flow, while the available shell space offers significant potential for expansion and increased revenue. The property's versatile design and prime location in Montgomery County, Ohio (APN: H33 302201 0175, Zip Code: 45416) make it an ideal investment for both seasoned and emerging investors seeking a stable, income-producing asset with significant upside potential. The building's existing medical build-out provides a seamless transition for healthcare providers, while the adaptable shell spaces offer flexibility for a variety of office uses. This property offers a unique blend of immediate income and future growth opportunities. The large lobby allows for multiple suites, potentially 3-5, depending on tenant needs. This is a rare opportunity to acquire a well-maintained, multi-tenant property in a desirable location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2008
    Total area 10,543 SF
    Lot 4.32 ac (188,136 SF)
    APN H33302201 0175
    UPID US66-3844115
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ziks Family Pharmacy Pharmacy
    • Dr. Kwasi A. Nenonene, MD Pediatrician Physician
    • Nenonene Family Medicine Medical Clinic
    • HICARE PHARMACY Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.07M
    Owner & transaction history
    Nenonene Medical Center LLC · 17 yrs held
    Nenonene Medical Center LLC
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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