400 Sugar Camp CirDayton, OH 45409

For Sale
$4,900,000

High-Cap Medical Office in Oakwood

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Class A medical office building, located at 400 Sugar Camp Cir, Dayton, OH 45409, presents a compelling investment opportunity. Boasting 43,615 square feet on a 3.236-acre lot, the property enjoys 100% occupancy and a strong 7.50% capitalization rate. Built in 1971 with significant build-outs between 2012 and 2020, the building offers modern amenities. The property features approximately 3.7 parking spaces per 1,000 square feet, with an overflow lot, and underwent parking lot repairs in 2020. Its prime location within Oakwood, Dayton's premier suburb, places it near the University of Dayton, the On Main mixed-use development, and numerous new construction projects by major corporations such as GE, Emerson, and UDRI. The convenient location also offers proximity to hotels and over 30 restaurants. The asking price is $4,900,000, translating to $128.97 per square foot. The property's APN is Q71 01613 0007. This multi-tenant building is situated in the former NCR "Sugar Camp" office park, benefiting from strong demographics and a thriving surrounding area. This is a rare opportunity to acquire a high-performing, fully occupied medical office building in a desirable location.

Highlights

  • $4,900,000 asking price for this Class A medical office building.
  • 43,615 square feet on a 3.236-acre lot in Dayton, OH.
  • 100% occupancy with a 7.50% cap rate and $128.97 price per square foot.
  • Built in 1971 with build-outs completed between 2012 and 2020.
  • 3.71 parking spaces per 1,000 square feet, with an overflow lot and parking lot repairs completed in 2020.

Property Details for 400 Sugar Camp Cir

Property type
Other office properties, Medical offices
Square Feet
43,615 SF
Class
A
Year Built
1971
Lot Size (sq. ft)
140,960 SF

Location Insight

City
Dayton
County
Montgomery
State
Ohio
Latitude
39.730379
Longitude
-84.1866374
400 Sugar Camp Cir, Dayton, Ohio

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400 Sugar Camp Cir
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