540 Laurel Drive

Office for Sale
Catylist Listing ID: 30721132
Property Subtypes: Office Building
Building Size (RSF): 4,190 SF
Gross Building Area: See Agent
Sale Price: $360,000
Unit Price: $85.92 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.4%
Average Occupancy Rate: 100
Last Updated: 5/14/2021

Overview / Comments

Triple Net opportunity. Tenant will sign a new 10 year lease.
Complexly renovated building with office/warehouse and secure lot.

Additional Details

Nearest MSA: Dayton
County: Rhea
Tax ID/APN: 072096F A 02101
Site Description: Level in the commercial district.
Area Description: Dayton Tn
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,200 SF
Roof Type: Gable
Parking Type: Surface
Parking Description: Secured lot.
Total Parking Spaces: 24
Sprinklers: None
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Other
Internet Access: DSL
Interior Description: Office space and partial heated warehouse space.
Zoning Description: C2
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,152 7,454 15,523
Median Age: 33.97 37.92 35.89
Households: 827 2,877 5,799
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