For Sale
$2,100,000

1550 Yankee Park Pl Dayton, OH 45458

Dayton Medical Office Portfolio - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a two-building medical office portfolio situated on a 1.03-acre lot in Dayton, Ohio's desirable Washington Township. The property, known as Yankee Place Professional Center, boasts a total of 12,400 square feet of space, divided between two single-story buildings. Currently occupied by a single tenant under a modified lease with a remaining term of four years, the property offers significant upside potential. The lease includes two five-year extension options, providing long-term stability and predictable income. The property generates a strong net operating income (NOI) of $158,628, resulting in an attractive 7.55% capitalization rate. Ample parking is available with 50 spaces. The property is zoned for office and medical office use, and the sale includes a simple fee ownership. This turnkey investment is ideal for those seeking a stable, high-performing asset in a prime location. The address is 1550 Yankee Park Place, Dayton, OH 45458. The asking price is $2,100,000.

Highlights

  • $2,100,000 asking price.
  • 12,400 square foot, two-building medical office portfolio.
  • Single-tenant, modified lease with $158,628 NOI and a 7.55% cap rate.
  • Four years remaining on a 10-year lease with two five-year renewal options.
  • 1.03-acre lot with 50 parking spaces in a prime Washington Township, Dayton, OH location.

Property Details for 1550 Yankee Park Pl

Property type
Office properties, Medical offices
Square Feet
12,400 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.6253341
Longitude
-84.1991164

FAQs

What type of property is this?
Office property - Dayton Medical Office Portfolio - High NOI
Where is the office property located?
The property is located at 1550 Yankee Park Pl Dayton, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: $2,100,000 asking price.; 12,400 square foot, two-building medical office portfolio.; Single-tenant, modified lease with $158,628 NOI and a 7.55% cap rate.
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.
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1550 Yankee Park Pl
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