1550 Yankee Park PlDayton, OH 45458

For Sale
$2,100,000

Dayton Medical Office Portfolio - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
91
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
Other 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
1550 Yankee Park Pl, Dayton, Ohio

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1550 Yankee Park Pl
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