- The Webster Industrial/Flex Campus is a 246,701 sq.ft., multi-tenant, 2-building industrial/flex campus located at 7400-7450 & 7462-7498 Webster Street in Vandalia, Ohio, a northern suburb city of Dayton, OH. The property is 3 miles southeast of the intersection of Interstate 70 and 75, major east-west and north-south highway arteries for the United States.
- The buildings are currently 94% leased to a mix of global, national, and regional tenants which include:
Daikin Applied Americas: a subsidiary of Daikin Industries, Ltd, (NYSE: DKILY) is a Forbes 1000 global company with 2019 revenue of over $23.4 billion and more than 70,000 employees worldwide engaged in the manufacture, sales and support of HVAC and refrigeration equipment. Founded in 1924 in Osaka, Japan, the company maintains is global corporate headquarters in Osaka, with its U.S. headquarters located in Plymouth, Minnesota.
Motion Industries, Inc. was founded in 1946 as an industrial parts supply business. Motion now serves a wide variety of industries from over 500 locations in North America, 15 distribution centers and 45 repair and service centers. Motion saw $6 billion in 2019 annual sales. Since 1976, Motion has been a subsidiary of genuine Parts Company (NYSE: GPC).
Trane, U.S., Inc. is a subsidiary of Trane Technologies PLC (NYSE: TT), a world leader in air conditioning systems, services and solutions is a global corporation with 34,646 employees, 3,108 contractors worldwide, 29 global manufacturing facilities and operates a global network of parts and supplies stores, including 360 locations in the U.S. and Canada. Trane’s global headquarters is in Dublin, Ireland, with additional regional HQ’s located in Miami, FL and Davidson, NC.
JF Acquisitions, LLC, a subsidiary of JF Petroleum Group, is a leading provider to the North American fueling infrastructure industry. Headquartered in Morrisville, NC, JF Petroleum Group maintains 34 regional offices and 4 modern distribution centers across the country and currently employs over 1,000 people.
KAP Signs provides signs and services nationwide to a wide variety of industries. A full-service, UL-approved sign company that can fabricate and install a wide variety of different style of signage. KAP Signs is headquartered in this location.
Ohio Lottery Commission oversees Ohio’s State lottery which supports education through entertainment gaming experiences. Founded in 1974 by voter-approved legislative action, the Ohio Lottery Commission employs 370 people as of January 2022.
TP Mechanical Contractors, Inc. is a mechanical contractor that serves customers in Ohio, Indiana, and Kentucky in the fields of design, construction and maintenance for plumbing, heating, air conditioning, refrigeration, and fire protection systems. Founded in 1953, TP mechanical is headquartered in Cincinnati, OH, and operates from 6 locations.
- The property enjoys excellent access to several major US highway systems: I-75 which runs north-south; I-70 which runs east-west; US Route 35 which runs southeast and northwest; and State Route 4 which runs north and west. The property is just 13 minutes from downtown Dayton.
- The intersection of Interstates 70 and 75 see 80,166 Average Daily Traffic (“ADT”) on I-70 and 102,023 ADT on I-75. The I-70/I-75 intersection is 3 miles southeast via Wyse Road.
- The property is zoned O/IP – Office/Industrial Park.
- The 7462-7498 Webster Street building was built in 1990 and the 7400-7450 Webster Street building was built in 1995 with reinforced concrete slab-on-grade foundations, concrete tilt-up wall panels, masonry bearing walls supporting steel framing, EIFS exterior wall facades and roof of low-slope with EPDM (with stone ballast).
- The 7462-7498 Webster Street building features sixteen (16) dock doors and three (3) ramped drive-in doors. The 7400-7450 Webster Street building features thirteen (13) dock doors and three (3) ramped drive-in doors.
- The 7400-7450 Webster Street building sits on 8.966 acres and is served by 140 asphalt parking spaces, 137 regular space and 3 handicap spaces. The 7462-7498 Webster Street building sits on 10.337 acres and is served by 160 asphalt parking spaces, 158 regular spaces and 2 handicap spaces.
- Situated in southwestern Ohio, Vandalia is a suburb city directly north of Dayton, OH, the county seat and the largest city in Montgomery County. Dayton is a part of several other communities called the Greater Dayton Area which includes the cities of Vandalia, Trotwood, Kettering, Centerville, Beavercreek, Fairborn, West Carrollton, Huber Heights, Troy and Miamisburg. The Dayton Metro Area is often referred to as the birthplace of aviation as it was the home of the Wright brothers and where they researched and experimented with heavier-than-air flight. Composed of Greene, Montgomery and Miami Counties, it is the fourth largest metropolitan area in Ohio. Defense and aerospace industries comprise a large section of the region’s economy. Healthcare also accounts for a sizable portion of the area’s employment with several key hospitals, institutes and centers located in Dayton and employing an estimated combined total of nearly 32,000 and a yearly economic impact of $6.8 billion. Wright-Patterson US Air Force Base is just east of Dayton. The base employs 27,500 military, civilian and contract employees and has a $4.3 billion annual economic impact. The rise of e-commerce has fueled a strong growth in the Dayton area in recent years with demand for warehousing and distribution facilities and Dayton’s logistics sector is expected to add an additional 2,200 jobs by 2023.
- For more information, please contact
David Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
davidmarks@towerinv.com
www.towerinv.com
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