SRS Distribution (Home Depot) 111 Front St

33,553 SF Industrial Building Dayton, OH 45402 $2,088,000 ($62/SF) 7% Cap Rate

Investment Highlights

  • Strong Corporate Guarantee / Investment Grade Parent Company – SRS Distribution is the fastest growing distributor of building products the US.
  • Recently Executed Lease Extension / Annual Rent Increases – SRS Distribution recently exercised another five (5) year renewal at this location.
  • (commencing in November ’24) & is structured with 2.5% annual rent increases.
  • Functional Industrial Facility / Brand New Roof – This functional?± 33,553 sq. ft.?facility sits on 2.70 acres of land (28.53% Coverage).
  • Strategic Midwest Industrial Market – Dayton is centrally located in the Midwest & is a strategic location for industrial operations.

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Price $2,088,000
Price Per SF $62
Sale Type Investment
Cap Rate 7%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.70 AC
Rentable Building Area 33,553 SF
No. Stories 1
Year Built/Renovated 1900/1999
Tenancy Single
Parking Ratio 0.61/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 7
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Floor Drains
  • Yard
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

zoning

Zoning Code I-2
  • Listing ID: 33840800

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 111 Front St, Dayton, OH 45402