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August 15, 2018

Office Building For Sale in Tipp City, Ohio

Property # 1178040 Available $1,997,000.00

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   Property Information

Property Sub-TypeHigh Rise
Other Office Buildingn.a.
Property NameOffice Building for Sale - 13,500 SF
Property Address 11475-1495 W Main St.
Property Address 2n.a.
Property Town/CityTipp City
Property CountyMiami
Property StateOhio
Property ZIP/Postal Code 45371
MLS #n.a.
ZoningGeneral Business Distr...
Current UseVacant/Owner-Used
Building Sq. Ft.13,500
Gross Leasable Sq. Ft.13,500
No. Floors1
Lot Size Sq. Ft.122,839
Lot Frontage Ft.207
Lot Depth Ft.496
No. Parking Spaces137
Year Built2000
Year Last Renovated2015
Construction Typen.a.
Property Description Commercial Realty is pleased to present this opportunity to acquire a 100% leased, 13,450 rentable square foot multi-tenant office building that has 4 tenants. The property is listed for $1,997,000. Each lease has a 3% annual rent increase. The condominiumized building offe... [email for more info]
Area DescriptionLocated in Tipp City a suburb of the Dayton Metro Area, the building is conveniently located on the main road of the community and is 0.4 miles from I-75. This wealthy suburb has a median income of approximately $70,000 for a 3 and 5-mile radius. Traffic counts are 15,250 ... [email for more info]

   Financial Information

Sales Price $$1,997,000.00
Gross Revenue $n.a.
Total Expenses $n.a.
Taxes $$31,510.26
Net Operating Income $n.a.
Cap Rate0.00%
Occupancy Rate100.00%
Price Per Leasable Sq. Ft. $$147.93
Year Endingn.a.
1031 Exchange?No
Financing/TermsCash at Closing

   Major Tenants

Tenant #1n.a.
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

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