973 Patterson RdDayton, OH 45419

For Sale
$449,900

High-Traffic Retail Space, 7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional retail property, located at 973 Patterson Rd in Dayton, Ohio, presents a compelling investment opportunity. The 2,094 square foot building, constructed in 2022, boasts a unique modern architectural design. Situated on a 0.2-acre lot at the highly visible corner of Patterson Road and Wilmington Pike, it benefits from significant daily traffic counts, with over 9,700 vehicles passing on Patterson Road and over 21,700 on Wilmington Pike. The property features 13 parking spaces and is currently leased under a triple-net (NNN) lease to an operating business, offering a secure income stream. The asking price is $449,900, representing a 7.00% capitalization rate. The property is zoned Commercial-ENC

Highlights

  • 2,094 SF building with unique architectural design.
  • Corner lot at Patterson and Wilmington Avenues.
  • High traffic count: over 31,400 vehicles daily.
  • Brand new construction (2022).

Property Details for 973 Patterson Rd

Property type
Other retail properties, Retail properties
Square Feet
2,094 SF
Year Built
2022
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.7244116
Longitude
-84.15285
973 Patterson Rd, Dayton, Ohio

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973 Patterson Rd
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