3245 Dayton Xenia RdBeavercreek, OH 45434
- Retail properties
- 3,079 SF
Property Details for 3245 Dayton Xenia Rd
- Year built
- 1976
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 3,079 SF
- Zone code
- B2
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- B42-0005-0005.0-0181.00
- APU
- B42000500050018100
Description
This exceptional investment opportunity presents a 3,079 square foot US Bank branch located at 3245 Dayton Xenia Rd, Beavercreek, OH 45434. The property sits on a ground lease with zero landlord responsibilities, offering a secure, passive income stream. A new five-year lease extension begins January 1, 2025, with 2.5% annual rent bumps, providing inflation protection. The lease expires November 30, 2030, offering a substantial remaining term of six years. The property boasts a strong 5.25% cap rate and a Net Operating Income (NOI) of $45,000. Built in 1976, this bank branch benefits from its strategic location as a pad site to the 8th busiest Kroger in the nation, attracting 2 million annual visitors. The surrounding area features high traffic volume (Dayton-Xenia Rd: 15,000 VPD; N Fairfield Rd: 27,300 VPD) and numerous national retailers, including Panera Bread, Sheetz, and CVS. The high three-mile average household income of $143,826 further underscores the property's strong investment potential. The below-market lease rate of $14.62/SF and the US Bank's substantial deposits ($95.8M, ranking 35th out of 179 in Ohio) contribute to this compelling investment opportunity. At lease expiration, improvements revert to the landlord. The asking price is $857,000, representing a price per square foot of $278.34.
Location Insight
- City
- Dayton
- County
- Greene
- State
- Ohio
- Latitude
- 39.7271
- Longitude
- -84.0562
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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