facebook
Traded Co logo
Submit

ExchangeRight Acquires Retail Property In Huber Heights, Ohio For $8.5M

Property Image
SOLD
$8,500,000
Scott Wiles
Erin Patton
+ 1

Ohio

See Similar Deals
Retail113,732 SF
Sold 08/10/2020
the dealplayerscompscontact
Property Image
SOLD

ExchangeRight Acquires Retail Property In Huber Heights, Ohio For $8.5M

8280 Old Troy Pike, Huber Heights, Ohio, USA

See Similar Deals
Retail113,732 SF
Sold 08/10/2020
Scott Wiles
Erin Patton
+ 1
Contact now

Summary

OHIO
Asset Type:Retail
Price Per Square Foot:$74
Total Square Footage:113,732 SF
Transaction Type:Sale

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

18 deals$174.9M volume
BROKER


Scott Wiles
Marcus & Millichap
18 deals$174.9M volume
BROKER

Christopher Jackson "CJ" Jackson
Marcus & Millichap
5 deals$37.1M volume
BROKER

ExchangeRight
BUYER

Details

SOLD
IMAGE: CJ Jackson, Erin Patton, Scott Wiles & Craig Fuller DATE: 08/10/2021 ADDRESS: 8280-8286 Old Troy Pike MARKET: Huber Heights, Ohio ASSET TYPE: Retail BUYER: ExchangeRight BUYER'S REP: JRW Realty SELLER'S REP: CJ Jackson, Erin Patton, Scott Wiles & Craig Fuller - Marcus & Millichap SALE PRICE: $8,500,000 SF: 113,732 ~ PPSF: $75

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04