7777 and 7887 Washington Village Drive _Property for Sale
7777 and 7887 Washington Village Drive _Property for Sale
Washington Township, OH, US, Americas

7777 and 7887 Washington Village Drive

Portfolio description

Jones Lang LaSalle, in conjunction with RI Marketplace, is pleased to present for sale 7777 & 7887 Washington Village Drive, an office complex consisting of two, Class A boutique office buildings located in Dayton, Ohio. With 4.8 years of remaining weighted average lease term ("WALT") and at current ~82% occupancy, the offering provides in-place cash flow with immediate upside through leasing of approximately 26,000 square feet.

 

Bidding Opens May 13, 2024, at 11:00 AM and Ends May 15, 2024, at 11:00 AM

The link to the auction page can be found via the deal room link on this site.


Located in Dayton, OH, the Property benefits from its superior accessibility to Columbus and Cincinnati within a one hour drive. The Property has significant potential to further attract and retain high-quality tenants by strategically implementing amenities targeted toward today's most discerning tenants. Paired with its in-place cash flow, the Property offers the exceptionally rare opportunity to create value through lease up. An online auction event will be held on RealINSIGHT Marketplace, this will be a reserve auction and the Property will have a reserve price.

...

Attributes

Land area gross
9.14 acres
Building area net
153,425 sf
Floors
3 floors
Occupancy
82.6%
Parking spaces
659
WAULT
4.8 years
Zoning
PB-D
7777 and 7887 Washington Village Drive (2 Properties)
7777 and 7887 Washington Village Drive (2 Properties)

Media

Investment highlights

  • Substantial Value Enhancement Opportunity Through Lease-Up


  • Further Enhance User Experience Through Investment in Amenities


  • Strategic Location with Superior Accessibility


  • Discount to Replacement Cost
7777 and 7887 Washington Village Drive  4_Property for Sale
7777 and 7887 Washington Village Drive  4_Property for Sale

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Last updated
May 16, 2024