More Information
12,223 SF Class B medical office building. Dayton Eye Associates have been a tenant since 2001 and the current lease goes through 2019. They occupy 6,083 SF and gross 2017 rent is $106,102. Vacant spaces include suites with sizes of 4,800 and 1,340 Square feet. Suite 110 used to be two suites, 1800 sf and 3000 sf. It would be very easy to demise them into two separate suites again. Last purchase price was $1,300,000.
Suite 100-104: Occupied by current long term tenant, Dayton Eye Associates. Lease space is 6,083 SF. 2017 rents per month is $8,841. 2018 rents will be $9,018 per month. 2019 rents will be $9,199 per month. See photo section for interior views of this class A space.
Suite 110: 4,800 SF. Large waiting room, lots of light, 2 front and 2 rear exits, 4 restrooms, numerous drinking fountains, 3 nurses stations, 6 private offices, 12 treatment rooms, second waiting room and large receptionist area.
Suite 112: 1,340 SF. Front and rear door. Nice L shaped reception desk, wide open spaces, glass block walls, 1 private office, ready to lease.
Lot Size: 1.88 Acres
Annual Taxes: $ 44,490
Property Map
LEAD AUCTIONEER
Barry Baker
DIRECTIONS:
From I-70 go South on Main St. or OH-48 to Left on Woodbury or From Downtown Dayton, Go North on Main St. to Right on Woodbury.
Basic Terms:
Bidding starts at $680,000. You must deposit $10,000 into our trust account with Chase Bank prior to being approved to bid on this property. Account # is 988207114. This is fully refundable if you are not the high bidder. The balance of 10% is due within 24 hours of the end of the auction which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes. All rents prorated at closing.
Deposit and Closing:
Closing will take place with Nova Title Agency jdyer@novatitleagency.com 440-600-5550.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.