Property profile

8139 Old Troy Pike Dayton, OH 45424

OFF-MARKET
Outlet malls
Property ID
US66-1942334
23,992 SF 2.1 ac lot Built 2000
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Training Center Tutoring Service
  • Courier Service Postal Service
  • Photography Service (Bike/Boat/Book/etc) Store
  • Restaurant

Location

8139 Old Troy Pike Dayton, OH 45424-1067
Dayton metro Census 100101 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.98M

Owner & transaction history

since 2022
Last sale
$2.6M
5 recorded transactions
2022
$2.6M
2022
Price N/A
2021
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.9M +149.4%
Auto repair, garage $1.5M +30.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8139 Old Troy Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message