FOR SALE 2201 Dryden Rd Dayton, OH 45439

Transcription

1 VINNY'S RETAIL 11,957 SF $425,000 for everything! Real Estate, Restaurant, Carry out, Tenant income, Liquor License, Inventory and FF&E ALL INCLUDED Corner Location with high volume of CPD 11,957 SF Total Acres 2 Operating Businesses 1 Long term tenant 2 vacant spaces for additional income 14% Cap rate on total investment 77 W Elmwood Drive Dayton, OH bergmancommercial.com

2 EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $425,000 Available SF: SF Lot Size: 0.7 Acres Year Built: 1955 Building Size: 11,957 SF PROPERTY OVERVIEW Two buildings on one corner lot with ample parking and signage. Main retail building is 7957 SF with 3 spaces in the front and a rental garage/office in the rear. Vinny's Restaurant and Vinny's Carry out occupy the majority of the building and both businesses are included in the sale! The 3rd space (vacant) is 697 +/- sf with a double door on the front, 3 offices and a restroom. The 4th space is on the back of the building and has a 2 car garage extra deep bay with storage, an office and a restroom (800 +/- sf). Ideal for a contractor or small business needing an address and storage. The second building is 4000 SF and is occupied by Produce Pac. They are a small manufacturer that has leased that building for 15+ years. They are currently month-to-month but the owner is working to sign them into a new lease. Many opportunities on this property weather you wish to sell the business(es) and just own the real estate or own and operate them all. Zoning: Commercial DEMOGRAPHICS Market: Moraine/Dayton Traffic Count: 10,800 Price / SF: $ MILE 3 MILES 5 MILES Total Households 1,566 21,739 84,821 Total Population 3,605 53, ,089 Average HH Income $34,467 $50,389 $51,186

3 MARKET INFORMATION LOCATION OVERVIEW With approximately 800,000 residents the Greater Dayton area is the fourth largest metropolitan region in Ohio. Excellent employment opportunities, diversity and low cost of living make Dayton an attractive Midwestern location. Dayton is one of the nation s top 90-minute markets, with access to more than 5.6 million people by car and more than 137 million people by air. With a strong and diverse economy, the Greater Dayton area is a regional hub for national and global commerce. The unemployment rate of 4.3% for the city of Dayton is better than the national average of 7.7%. Dayton is home to Wright-Patterson Air Force Base (WPAFB). It is considered among the most important military installations in the country, and has a $2.3 billion annual economic impact on the Greater Dayton Region. Dayton is also home to companies such as Reynolds & Reynolds, Standard Register, Lexis Nexis and many more. The Greater Dayton area has a host of higher learning facilities to choose from including The University of Dayton, Wright State University and Wittenberg University just to name a few. SITE DESCRIPTION Property located in the city of Moraine, a suburb of Dayton. Moraine is the home to the former General Motors facility. In 2011 IRG purchased the facility to redevelop. Many businesses have taken space in this facility and they have sold 1.5 Million SF of to Fuyao Glass America. Fuyao plans to employ up to 2500 people at the Moraine plant, with 1500 hired thus far. Moraine is close to Downtown Dayton which offers a vast array of entertainment. The Schuster Performing Arts Center, Victoria Theatre, The Dayton Dragons Baseball just to name a few. The Dragons are a Single A affiliate of the Cincinnati Reds and hold the current record for number of sold out games at 815 consecutive games. Dayton plays host to many other sporting events from University of Dayton Basketball to Events at The Nutter Center and other venues. Dayton is a growing community with a bright future.

4 ADDITIONAL PHOTOS

5 FOR SALE ADDITIONAL PHOTOS

6 LOCATION MAPS

7 REGIONAL MAP Vinny's

8 FOR SALE AERIAL MAP Vinny's

9 DEMOGRAPHICS MAP POPULATION 1 MILE 3 MILES 5 MILES Total population 3,605 53, ,089 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,566 21,739 84,821 # of persons per HH Average HH income $34,467 $50,389 $51,186 Average house value $98,508 $134,964 $138,388 * Demographic data derived from 2010 US Census

10 FINANCIALS

11 FINANCIALS

12 1 13 E Dayton St - Buckeye Jake's West Alexandria, OH Preble County Submarket 4,074 SF Retail Restaurant Building Renovated in 2012 Built in 1825 Property is for sale at $449,000 ($110.21/SF) Investment Information Sale Price: Price/SF: Cap Rate: $449,000 $ Sale Status: Active Sale Conditions: - Sale Type: Owner/User Days On Market: 207 Investment Notes Buckeye Jake's is a very popular restaurant and bar featuring an extensive menu including their famous smokey BBQ and the Henny Penny Fried Chicken. They have daily specials that have been crowd pleasers for years. They have a very loyal following from people who drive from Cincinnati, Columbus, and surrounding areas. The huge outdoor patio allows patrons to enjoy the weather and live music. The Business is for sale for $449,000. The sale includes the business, recipes, and liquor license. The buyer can lease the building from the owner. The building, land, and FF&E can be purchased for $249,000 at a later date. Located on E. Dayton St. (I-35) near the corner of Main St. in West Alexandria, OH. Only 4 miles from Eaton & 20 miles from Dayton. Center Information Center Type: Restaurant Center Size: 4,074 SF Bldg Status: Built 1825, Renov 2012 Zoning: - % Leased: 100.0% Total Avail: 100 SF Owner Type: No Rent/SF/Yr: For Sale Bldg Vacant: 0 SF Land Area: 0.15 AC Stories: 2 Owner Occupied: No Lot Dimensions: - Elevators: - Tenancy: Multiple Tenant CAM: - Loading Docks: Street Frontage: Parcel Number: None Ceiling Height: - 43 feet on Dayton St K Copyrighted report licensed to NAI Bergman /1/2017 Page 1 Page 1

13 2 910 S Main St Englewood, OH North Dayton Submarket 5,705 SF Retail Restaurant Building Property is for sale at $950,000 ($166.52/SF) Investment Information Sale Price: Price/SF: Cap Rate: $950,000 $ Sale Status: Active Sale Conditions: - Sale Type: Owner/User Days On Market: 2,675 Investment Notes Indoor/outdoor Turn-key property Sunday liquor license Adequate parking Located on busy Main Street approx 1 mile from I 70 Center Information Center Type: Restaurant Bldg Status: Existing % Leased: 0.0% Rent/SF/Yr: For Sale Stories: 1 Elevators: - Center Size: 5,705 SF Zoning: - Total Avail: 5,705 SF Owner Type: - Bldg Vacant: 5,705 SF Land Area: 1 AC Owner Occupied: No Lot Dimensions: - Tenancy: Single Tenant CAM: - Loading Docks: None Ceiling Height: - Street Frontage: 115 feet on S Main St Parking: 50 free Surface Spaces are available; Ratio of 8.76/1,000 SF Amenities: Bus Line Parcel Number: M Copyrighted report licensed to NAI Bergman /1/2017 Page 2 Page 2

14 3 29 W Market St - The Florentine Restaurant Germantown, OH South Dayton Submarket 9,428 SF Retail Restaurant Building Built in 1900 Property is for sale at $359,900 ($38.17/SF) Investment Information Sale Price: Price/SF: Cap Rate: $359,900 $ Sale Status: Active Sale Conditions: - Sale Type: Investment Days On Market: 508 Investment Notes Established in 1816, the Florentine has been a Landmark for travelers; known as the second oldest Inn in the State of Ohio and the historic anchor for downtown. This full service Inn has multiple dining areas, kitchen with equipment updates, private party areas and plenty of off street parking. The owner is retiring and is ready to pass the torch! Center Information Center Type: Restaurant Bldg Status: Built 1900 % Leased: 100.0% Rent/SF/Yr: For Sale Stories: 3 Elevators: - Center Size: 9,428 SF Zoning: Commercial Total Avail: 0 SF Owner Type: -Business Bldg Vacant: 0 SF Land Area: 0.16 AC Owner Occupied: No Lot Dimensions: - Tenancy: Single Tenant CAM: - Loading Docks: Street Frontage: Parking: Parcel Number: None Ceiling Height: - 46 feet on W Market St 15 free Surface Spaces are available; Ratio of 1.59/1,000 SF D Copyrighted report licensed to NAI Bergman /1/2017 Page 3 Page 3

15 Woodman Dr Dayton, OH South Central Dayton Submarket 5,153 SF Retail Restaurant Building Built in 1967 Property is for sale at $850,000 ($164.95/SF) Investment Information Sale Price: Price/SF: Cap Rate: $850,000 $ Sale Status: Active Sale Conditions: - Sale Type: Investment OR Owner/User Days On Market: 301 Investment Notes Complete turn key and established business with liquor license located on Woodman Drive just north of Patterson this property offers over 5,000 square feet, Huge kitchen, fully furnished, remodeled entrance, and two large walk in coolers. Restaurant also features a private party room and is complete with all fixtures. Center Information Center Type: Restaurant Bldg Status: Built 1967 % Leased: 100.0% Rent/SF/Yr: For Sale Stories: 1 Elevators: - Center Size: 5,153 SF Zoning: Restaurant Total Avail: 5,153 SF Owner Type: - Bldg Vacant: 0 SF Land Area: 0.83 AC Owner Occupied: No Lot Dimensions: - Tenancy: Single Tenant CAM: - Loading Docks: Street Frontage: Parking: Amenities: Parcel Number: None Ceiling Height: feet on Woodman Dr 50 Surface Spaces are available; Ratio of 9.70/1,000 SF Bus Line N Copyrighted report licensed to NAI Bergman /1/2017 Page 4 Page 4