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    Property profile & analytics
    OFF-MARKET Estimated value $2,030,000
    Outlet malls

    8139 Old Troy Pike, Dayton, OH 45424-1067

    23,992 SF 2.1 ac lot Built 2000
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US66-1942334
    Property summary
    AI-generated overview

    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
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2000
    Total area 23,992 SF
    Lot 2.1 ac (91,563 SF)
    APN P70 02025 0007
    UPID US66-1942334
    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
    • Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
    • Angel's Advocates CPR Plus Training Center Tutoring Service
    • Amazon Locker - Ejaz Courier Service Postal Service
    • Thkluvltr photography Photography Service (Bike/Boat/Book/etc) Store
    • Koko Snack Shack Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.97M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.69M
    Blend (final) Blend
    $2.03M
    Owner & transaction history
    Mark Scott Annerl · 3 yrs held
    Mark Scott Annerl
    since 2022
    Last sale
    $2.6M
    5 recorded transactions
    2022
    $2.6M
    2022
    2021
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.9M +149.4%
    Auto repair, garage $1.5M +30.7%
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