7701 Hoke Rd Clayton, OH 45315
- Retail space
- 8,640 SF
- 1.34 lot acres
Current Use by Public Records
- Sean Verma / Dentist / Practitioner Service Location
- Pradeep Pattathan Bekal / Dentist
Property Details for 7701 Hoke Rd
- Year built
- 2006
- Lot size
- 1.34 lot acres
- Property size
- 8,640 SF
- Property type
- Retail space
- APN
- M57 00720T0007
- APU
- M5700720T0007
Description
This exceptional Class A retail storefront, totaling 2,500 square feet, is situated within the vibrant Hoke Crossing shopping center in Montgomery County's North Dayton submarket. Located at 7701 Hoke Rd, this property boasts unparalleled visibility due to its strategic placement near the intersection of I-70 and Hoke Road, alongside a Walmart anchor tenant. The space, formerly a dental office, offers a significant advantage with a branded sign plate on Walmart's pylon, ensuring maximum brand exposure to the high traffic volume on I-70. The entire shopping center encompasses 8,640 square feet, distributed across five suites within a single, one-story building constructed in 2006. Ample parking is available with 86 spaces. The property sits on 1.34 acres of land and is zoned C-4. The asking rent is $25.00 per square foot net, plus an estimated $10.18 per square foot in operating expenses (2022 estimate). Utilities are separately metered, and janitorial services are included. This presents a unique opportunity for businesses seeking high visibility and a strong anchor tenant in a thriving retail location. The maximum contiguous space available is 2,500 square feet, currently vacant and ready for immediate occupancy. The property's APN is M57-00720-9003, and its cross street is Smith Rd.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,215,000
- 6.5%
- $2,130,000
- 7%
- $2,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,305,000
- Geo Method
- $2,035,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,940,000
- Retail
- $2,085,000
- Mixed-Use
- $2,365,000
- Hospitality
- $2,365,000
- Educational
- $2,325,000
- Residential Income
- $2,405,000
- Energy
- $2,035,000
- Income-Based Land
- $2,005,000
- Food Service
- $2,340,000
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.3313
- Latitude
- 39.8564
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
