722 Fairfield RdBeavercreek, OH 45434
- Medical offices
- 7,326 SF
Property Details for 722 Fairfield Rd
- Year built
- 1988
- Lot size
- 1.92 AC
- Property size (Sq ft)
- 7,326 SF
- Zone code
- B2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- B42-0006-0003.0-0056.00
- APU
- B42000600030005600
Description
Exceptional investment opportunity: a fee-simple ownership of a 10,859-square-foot childcare center in Dayton, Ohio. This property, built in 2024, sits on a 1.92-acre lot at 722 N Fairfield Rd, Beavercreek, OH 45434, and boasts a 7.00% cap rate. The property is currently 100% occupied by The Learning Experience, a top-tier childcare franchise, under a 15-year triple-net lease commencing November 28, 2024, and expiring November 27, 2039. The annual net operating income (NOI) is $392,500. The lease includes scheduled rent increases of 8% after five years and 10% thereafter. The building underwent a significant 2024 renovation and expansion, totaling 10,859 square feet, including a new roof and HVAC system. This prime location is in a primarily residential area near other schools, offering excellent visibility and accessibility. The Learning Experience's strong performance, with systemwide sales growth of 24.4% from 2022 to 2023 and average revenue per mature center increasing by 13% during the same period, further enhances the investment's appeal. The company's rapid expansion, with over 350 locations nationwide and plans for further growth, ensures long-term stability and potential appreciation. The property's proximity to downtown Dayton provides additional strategic advantages. This is a rare opportunity to acquire a high-performing, well-located childcare center with a strong tenant and significant long-term growth potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,157,902
- 6.5%
- $1,068,832
- 7%
- $992,487
-
Comparable approach
- Method
- Valuation
- Relative Method
- $144,249
- Geo Method
- $144,249
-
Alternative Use
- Use
- Valuation
- Residential
- $1,325,352
- Hospitality
- $1,214,015
- Educational
- $1,010,047
- Medical
- $1,044,784
- Retail
- $1,571,184
Location Insight
- City
- Beavercreek
- County
- Greene
- State
- Ohio
- Latitude
- 39.711
- Longitude
- -84.0616
- 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
FAQs
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