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2875 Presidential Dr
Fairborn, OH 45324

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
61,314 SF
Building Class
B
Year Built/Renovated
1988/2000
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
20,438 SF
Slab To Slab
12’
Building FAR
0.43
Lot Size
3.25 AC
Zoning
PD-2
Parking
300 Spaces (5.04 Spaces per 1,000 SF Leased)

About 2875 Presidential Dr , Fairborn, OH 45324

Significant In-Place Cash Flow - The Property has an in-place NOI of approximately $575,000. The offering provides investors with the opportunity to collect the significant in-place cash flow as well as extend the current lease after the lease end date in February 2025. Strong, Long-Term Tenancy - Ball Aerospace and Technologies has been in tenancy at the Property since it was constructed in 1988. It’s parent company, Ball Corporation is publicly traded. Demand Drivers - The Property is located adjacent to Wright State University and approximately five miles from Wright-Patterson Air Force Base, two of the main economic drivers for the Dayton region. To the south of the Property is Soin Medical Center, a 118-bed hospital, and The Mall at Fairfield Commons, a 1.1 million square foot regional shopping mall. Easily Accessible Location - The Property is located along Colonel Glenn Highway within the Wright Executive Center. The Property is one half mile from I-675 via Colonel Glenn Highway and N. Fairfield Road, two of the primary thoroughfares in East Dayton. Nearby Amenities - The Building is proximate to ample retail destinations and dining options, in addition to the numerous hotels located within and adjacent the Wright Executive Center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B41-0002-0038-0-0023-00
Land Assessment
$302,280
Improvements Assessment
$2,281,320
Total Assessment
$2,583,600
  • Listing ID: 11294093

  • Date on Market: 1/18/2018

  • Last Updated:

  • Address: 2875 Presidential Dr, Fairborn, OH 45324

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