Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 23,942 square foot Staples storefront located at 8139 Old Troy Pike, Huber Heights, Ohio 45424. The property, built in 2000 and renovated in 2018, sits on a 2.1-acre lot within a thriving 1.2 million square foot retail corridor, anchored by major national brands including Marshalls, Dollar Tree, PetSmart, Famous Footwear, and Lowe's. The property boasts a strong location with high visibility and traffic counts, minutes from Interstate 70 and an international airport. The current lease, a triple-net (NNN) agreement with a corporate guarantee from Staples, commenced August 30, 2022, and has a remaining term of approximately 2.8 years, with three (5) year renewal options. The asking price is $4,400,000, representing a price per square foot of $48.10 and a 6.12% cap rate based on a net operating income (NOI) of $269,347. The property features a single-story building with 91,476 total square feet and is zoned for commercial use. The lease includes rent bumps, offering further investment security. This stabilized investment provides a low-management, high-return opportunity with a strong national tenant and a proven track record. The property's APN is P70 02025 0007. This is a 1031 exchange eligible property.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Printing Service
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Training Center Tutoring Service
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Courier Service Postal Service
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Photography Service (Bike/Boat/Book/etc) Store
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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