ExchangeRight Acquires Retail Property In Huber Heights, Ohio For $8.5M
8280 Old Troy Pike, Huber Heights, Ohio, USA
$8,500,000
$74/SF
Building Size
113,732 SF
Asset Type
Retail
Closing
Aug 10, 2020
AI
The retail property located at 8280-8286 Old Troy Pike in Huber Heights, Ohio has been sold for a total sale price of $8,500,000. The property spans a total area of 113,732 square feet, resulting in a price per square foot of $75. The transaction took place on August 10, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,500,000
- Address: 8280-8286 Old Troy Pike, Huber Heights, Ohio
- Market: Huber Heights, Ohio
ExchangeRight, represented by JRW Realty, served as the buyer in the transaction. The seller's representatives were CJ Jackson, Erin Patton, Scott Wiles, and Craig Fuller from Marcus & Millichap.
Note: No additional information is available about the property or the individuals involved in the deal.
Players
Huber Heights Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93