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DB Plasma 3909 Salem Ave

15,896 SF Office Building Dayton, OH 45406 $2,187,364 ($138/SF) 7.85% Cap Rate

Investment Highlights

  • Positioned within the Dayton MSA
  • Significant 3% annual rental escalations
  • Over 138,100 people live within a five-mile radius
  • 7+ year remain on the primary lease term
  • Located along Salem Ave (13,200 VPD)
  • Proximity to several nationally recognized retailers: Kroger, McDonald’s, O’Reilly Auto Parts, Dollar General, AutoZone, and several others

Executive Summary

The Boulder Group & Bang Realty are pleased to exclusively market for sale a single tenant net leased DB Plasma property located in Dayton, Ohio. This location has been operating as a plasma donation site since 2006. The tenant has executed numerous extensions at this location demonstrating commitment. The current lease runs through December 2031 and features significant 3% annual rental escalations throughout the primary term and two 5-year options.
The 15,896 square-foot building benefits from its position along Salem Avenue which experiences 13,200 vehicles per day. The corridor is occupied by several notable tenants that draw continual traffic to the area. Those of which include Kroger, Kettering Health Medical Group, McDonald’s, O’Reilly Auto Parts, Hibbett Sports, and several others. Other notable area attractions include the Miami Valley Gold Club and The Premier Cardiovascular Institute. Additionally, there are over 138,100 people living within a five-mile radius, earning an average household income of $65,925.
DB Plasma is a key player in the U.S. plasma donation industry, operating five centers in Akron, Bloomington, Dayton, Harrisburg, and Jackson. The company plays a crucial role in the production of life-saving therapies used to treat conditions such as immune deficiencies, hemophilia, and other serious medical disorders. DB Plasma upholds the highest safety and quality standards, with all centers accredited by the Plasma Protein Therapeutics Association (PPTA) and regulated by the FDA. Committed to donor safety and community engagement, DB Plasma is essential to supporting the healthcare industry and advancing medical research.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
15,896 SF
Building Class
B
Year Built
1955
Price
$2,187,364
Price Per SF
$138
Cap Rate
7.85%
NOI
$171,708
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,896 SF
Building FAR
0.31
Land Acres
1.19 AC
Zoning
C
Parking
44 Spaces (2.77 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • DB Plasma
  • -
  • -
  • -
  • Dec 2031
Tenant Industry SF OCCUPIED RENT/SF Lease End
DB Plasma - - - Dec 2031

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
E20-01107-0191
Land Assessment
$128,110
Improvements Assessment
$578,310
Total Assessment
$706,420
  • Listing ID: 33114419

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 3909 Salem Ave, Dayton, OH 45406

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