3214 Old Springfield Rd Vandalia, OH 45377
97,600 SF hangar, 15-year lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Significant tenant investment exceeding $200 million in a new Aviation Innovation and Technology Center (AITC) at Dayton International Airport, including four hangars totaling over 341,000 square feet.
- Triple-net (NNN) lease structure with tenant-funded capital improvements, minimizing landlord expenses and management responsibilities.
- Annual rent increases of 1.9% provide inflation protection and continue throughout option periods.
- Strategic Dayton location selected after a national search, benefiting from proximity to Wright-Patterson Air Force Base, strong logistics infrastructure, skilled workforce, and established supply chain.
Property Details for 3214 Old Springfield Rd
- Property type
- Warehouses, Life science properties
- Square Feet
- 97,600 SF
- Class
- A
- Year Built
- 2023
- Buildings
- 1
Location Insight
- City
- Vandalia
- County
- Montgomery
- State
- Ohio
- Latitude
- 39.9114391
- Longitude
- -84.2288544
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 97,600 SF hangar, 15-year lease, strong tenant.
- Where is the warehouse located?
- The property is located at 3214 Old Springfield Rd Vandalia, OH.
- What are key features of this property?
- This property features: Significant tenant investment exceeding $200 million in a new Aviation Innovation and Technology Center (AITC) at Dayton International Airport, including four hangars totaling over 341,000 square feet.; Triple-net (NNN) lease structure with tenant-funded capital improvements, minimizing landlord expenses and management responsibilities.; Annual rent increases of 1.9% provide inflation protection and continue throughout option periods.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].