
8139 Old Troy Pike
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8139 Old Troy Pike
23,992 SF Retail Building Huber Heights, OH 45424 $6,347,616 CAD ($264.57 CAD/SF) 6.12% Cap Rate



INVESTMENT HIGHLIGHTS
- NNN Lease
- Roof replaced in 2018.
- Strong Retail Location strategically positioned in the heart of 1.2 million square foot retail corridor.
- Vehicle Per Day counts of 36,963 on Old Troy Pike and 55,966 on I-70
EXECUTIVE SUMMARY
Leola Commercial is proud to present a corporate guaranteed Lease with strong cap rate!! Attractive NNN Investment Opportunity with little landlord responsibilities. 15 years left on lease. Three (5)year options remaining. Current option expires August 31, 2027. Strategically positioned in the heart of 1.2 million square foot retail corridor serving Huber Heights, anchor tenants include Marshalls, Dollar Tree, PetSmart, and Lowes. Close to Interstate 70. Minutes to International Airport.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
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Gross Rental Income |
-
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Other Income |
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Vacancy Loss |
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Effective Gross Income |
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Net Operating Income |
$99,999
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$9.99
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FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income (CAD) | |
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Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
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Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
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Annual | - |
Annual Per SF | - |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,992 SF
Building Class
C
Year Built
2000
Price
$6,347,616 CAD
Price Per SF
$264.57 CAD
Cap Rate
6.12%
NOI
$388,474 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
2.10 AC
Zoning
C - Commercial
Parking
80 Spaces (3.33 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | P70-02025-0007 | Improvements Assessment | $710,458 CAD (2024) |
Land Assessment | $568,506 CAD (2024) | Total Assessment | $1,278,964 CAD (2024) |
PROPERTY TAXES
Parcel Number
P70-02025-0007
Land Assessment
$568,506 CAD (2024)
Improvements Assessment
$710,458 CAD (2024)
Total Assessment
$1,278,964 CAD (2024)
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8139 Old Troy Pike
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