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Perry Place 17-27 S Perry St 10,900 SF 94% Leased Office Building Vandalia, OH 45377 $990,000 ($90.83/SF) 7.61% Cap Rate
EXECUTIVE SUMMARY
Currently 100 Percent leased. Yearly Income of $93720.00. One year leases but long term tenants.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$91,260
|
$8.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$91,260
|
$8.37
|
| Taxes |
$7,700
|
$0.71
|
| Operating Expenses |
$10,724
|
$0.98
|
| Total Expenses |
$18,424
|
$1.69
|
| Net Operating Income |
$72,836
|
$6.68
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $91,260 |
| Annual Per SF | $8.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $91,260 |
| Annual Per SF | $8.37 |
| Taxes | |
|---|---|
| Annual | $7,700 |
| Annual Per SF | $0.71 |
| Operating Expenses | |
|---|---|
| Annual | $10,724 |
| Annual Per SF | $0.98 |
| Total Expenses | |
|---|---|
| Annual | $18,424 |
| Annual Per SF | $1.69 |
| Net Operating Income | |
|---|---|
| Annual | $72,836 |
| Annual Per SF | $6.68 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,900 SF
Building Class
B
Year Built
1965
Price
$990,000
Price Per SF
$90.83
Cap Rate
7.61%
NOI
$75,316
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,450 SF
Slab To Slab
10’
Building FAR
1.25
Lot Size
0.20 AC
Zoning
B2 Mixed Use - Business Office or Retail.
Parking
12 Spaces (1.1 Spaces per 1,000 SF Leased)
AMENITIES
- Basement
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- American Legend Barbershop
- -
- -
- -
- -
- ESP Company
- Wholesaler
- -
- -
- -
- Mane Reflections
- Services
- -
- -
- -
- Renew Your Massage
- -
- -
- -
- -
- Thomas J Finnegan Co
- Wholesaler
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| American Legend Barbershop | - | - | - | - | ||
| ESP Company | Wholesaler | - | - | - | ||
| Mane Reflections | Services | - | - | - | ||
| Renew Your Massage | - | - | - | - | ||
| Thomas J Finnegan Co | Wholesaler | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Currently buildout as a beauty shop.
Currently built out as office space
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 23 | 640 SF | Office/Retail | Full Build-Out | Now |
| 1st Fl-Ste 25 | 640 SF | Office/Retail | Full Build-Out | Oct 2025 |
1st Fl-Ste 23
| Size |
| 640 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 25
| Size |
| 640 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Oct 2025 |
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 23
| Size | 640 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Currently buildout as a beauty shop.
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 25
| Size | 640 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Oct 2025 |
Currently built out as office space
1 of 1
PROPERTY TAXES
| Parcel Number | B02-00103-0016 | Total Assessment | $102,900 |
| Land Assessment | $10,520 | Annual Taxes | $7,700 ($0.71/SF) |
| Improvements Assessment | $92,380 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
B02-00103-0016
Land Assessment
$10,520
Improvements Assessment
$92,380
Total Assessment
$102,900
Annual Taxes
$7,700 ($0.71/SF)
Tax Year
2024
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Perry Place | 17-27 S Perry St
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