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Views: 119 DOM: 52 Updated: 11.02.24 Posted: 09.24.24 Status: Active

Summary

Price $2,187,364
Built/Renov 1955
Tenant DB Plasma
Cap Rate 7.85%
Lease Type Double NN
Guarantor Corporate
Size/SF 15,896
Lease Start 12-07-2006
#Units 10
Price/SF $137.60
Expiration 12-31-2031
Tenant Type Medical/Health
NOI $171,708
R. Term 7.1
Ownership Fee Simple
Rent/SF $10.80
Increases 3.0%/1/yrs
Pop 5Mi 138,161
Lot/AC 1.19
Options 2/5yrs/3%
AHHI 5Mi $65,925

Lease Highlights

  • DB Plasma has been operating in this location since 2006
  • The tenant has 7+ years remaining on the primary lease term with 2 (5-year) options to extend
  • The lease features 3% annual rental increases throughout the initial term and option periods
  • Corporate guaranteed lease

Location Description

DB Plasma is strategically located at the hard corner intersection of Salem Avenue and El Paso Avenue, with access to a combined daily traffic count of 13,200 vehicles. The property is surrounded by prominent national tenants such as Kroger, Kettering Health Medical Group, McDonald’s, O’Reilly Auto Parts, Hibbett Sports, and more. Additional area attractions include the Miami Valley Golf Club...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: DB Plasma
  • Guarantor:Corporate
  • Company:DB Plasma
  • # Units:10
  • Stock:Private

About Tenant

DB Plasma is a private healthcare company specializing in collecting high-quality blood plasma, which is used to manufacture therapies for patients with rare and chronic diseases. The company...


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Listing Broker

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