8940 Kingsridge Dr, Dayton, OH 45458-1632

This 1,315 square foot medical office condo, located at 8940 Kingsridge Dr Suite 105 in Dayton, Ohio (Montgomery County, zip code 45459), is situated on a 0.99-acre lot within a 12,000 square foot building containing three other units. Built in 1988 and renovated in 2018, the property boasts 50 parking spaces and offers a compelling investment opportunity with a current asking price of $139,900 and a 9% cap rate, generating a net operating income (NOI) of $12,617. The property currently leases to a tattoo parlor, with a lease expiring no earlier than April 2026. The suite includes two bathrooms, four to five wet exam rooms, a private office, and a large general work area. Its location near the Dayton Mall and the absence of a local earnings tax contribute to its desirability for both buyers and tenants. The property's strong lease and attractive financial metrics make it an ideal addition to any investment portfolio.