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Classic Auction - Office

REO Sale - Wright Executive Center - Dayton OH MSA

2970 Presidential Drive, Fairborn, OH 45324

  • Asset Type
  • Real Estate
  • Property Type
  • Office
  • Land Area
  • 4.17 Acres
  • Year Built
  • 1988
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 258
  • Occupancy
  • 69.15%
  • Occupancy as of
  • Sep 01, 2020
  • Office Type
  • Suburban Office
  • Property Size
  • 59,622 Sq Ft

REO Sale | ±69% Occupied | Corporate Office Center

Investment Highlights:

•          ±60,000 SF institutionally maintained office facility located in Fairborn, OH (Dayton MSA)
•          ±69% occupied by a mix of longstanding public & private organizations (Raytheon, U.S. GSA, Azimuth, and Georgia Tech Research Corp.)
•          Located 1-mile from the Wright-Patterson Air Force Base (27,000+ military, civilian, and contract personnel)
•          Positioned across the street from Wright State University (20,000+ students)
•          Situated in the Wright Executive Office Park with complementary tenants such as Accenture and Lockheed Martin
•          Significant frontage and access along Presidential Drive, Colonel Glenn Hwy, and Interstate 675

The Offering:
Friedman Real Estate and RealINSIGHT Marketplace are pleased to offer for sale, the Wright Executive Center, a ±60,000 square foot institutionally maintained office facility located in Fairborn, OH (Dayton MSA) (the “Property”).  Wright Executive Center is ±69% occupied by a mix of public and private organizations, including Raytheon, U.S. GSA, Azimuth, and Georgia Tech Research Corp. The Property is located 1-mile from the Wright-Patterson Air Force Base (27,000+ military, civilian, and contract personnel) and positioned across the street from Wright State University (20,000+ students).

Fairborn is a city in Greene County, Ohio, with a population of approximately 33,000 people and part of the Dayton Metropolitan Statistical Area. Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. In the 2010 census, the population was 141,759, and the Dayton metropolitan area had 799,232 residents, making it Ohio’s fourth-largest metropolitan area.

The Fairborn/Dayton area is a logistical hotbed for manufacturers, suppliers, and shippers. Dayton also hosts significant research and development in fields such as industrial, aeronautical, and astronautical engineering that have led to many technological innovations. Much of this innovation is due in part to Wright-Patterson Air Force Base and its place in the community. In recent years, Dayton's businesses have diversified into a service economy that includes insurance and legal sectors as well as healthcare and government sectors. Along with defense and aerospace, healthcare accounts for much of the Fairborn area's economy. Hospitals in the Fairborn/Greater Dayton area have an estimated combined employment of nearly 32,000 and a yearly economic impact of $6.8 billion.

Property tours are available by request.  Please contact the Friedman team to schedule a tour.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Thomas Seaman

    Keller Williams Greater Cleveland

    License: 2007000016 Broker #: 2004000635