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WRIGHT EXECUTIVE CENTER 2970 Presidential Drive Fairborn, OH 45324

Office Property For Sale

3 Section 01 Offering Summary

5 Section 02 Property Description

14 Section 05 Location & Market Overview

Table of

Contents

2970 Presidential Drive is a 59,072 rentable square foot, three story class B office building that was built in 1988 and is situated on approximately 4.17 acres. The Wright Executive Center is comprised of 55+ Acres includes 7 premier office buildings, two retail centers, four hotels and several restaurants. The development is located between I-675 and Colonel Glenn Highway, directly across from Wright State University. The Executive Center is home to such national tenants as Ball Aerospace & Technology, Lockheed Martin and Altamira Technologies. The building is approximately 46% occupied with tenants such as Georgia Tech Research (since 2000) & Raytheon Company (since 1989). 2970 Presidential Drive is afforded excellent has highway visibility from I-675 which has an average of 67,890 vehicles per day. Colonel Glenn Highway sees 22,200 CPD. This area is home to not only Wright State University but also Wright Patterson AFB, The Mall at Fairfield Commons and the Nutter Center. Located in Greene County the property is a short distance to downtown Dayton as well as surrounding cities and townships. The property is ideally located for contractors and companies working at Wright Patterson Air Force Base. The distances to each main gate is below: Area A Gate 15A – 1.6 Miles (3 Minutes) Gate 12B – 2.3 Miles (5 Minutes) Area B Gate 1B – 5.4 Miles (10 Minutes) Area C Gate1C – 4.0 Miles (7 Minutes)

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Executive Summary

Wright Executive Center

Fairborn was formed in 1950 following the Great Dayton Flood from the union of the two villages of Fairfield and Osborn. Fairfield was founded in 1816 and Osborn in 1850. The city is the third largest in Ohio and the 1269th largest city in the United States. The 2017 U.S. census estimated the city population at 140,371, while Greater Dayton was estimated to have 803,416 residents. This makes Dayton the fourth-largest metropolitan area in Ohio and 63rd in the United States. It is also home to the headquarters of several major corporations including Kettering Health Network, Lexis-Nexis and AK Steel. Greater Dayton is one of the most strategically located metropolitan regions in the United States for manufacturing and service industries. The Greater Dayton Region is a 90 minute market, you can reach 55% of the country’s population in 90 minutes or less. Two interstate highway systems (I-75 and I-70) and one interstate connectors (I-675) serve the Dayton region and provide access to all geographic directions.

About Fairborn, OH

Key Highlights

Excellent Demographics – Wright Executive Center is in the city of Fairborn, a growing community of young professionals and families within a 3 mile radius of the Property average HH incomes are $66,684 and a population of 119,944 people within a 5 mile radius. Premium Location – The Property is located in Greene County, just 11 miles from downtown Dayton and 20 miles from the Dayton International Airport. This property is also 3 to 10 minutes from Wright Patterson AFB (depending upon the gate). High Traffic Count – Over 67,000 cars per day pass by the building on Interstate 675, the loop from I-70 to I-75 south of Dayton. The Property is accessed from Colonel Glenn Highway, which accommodates an additional 22,000 cars per day. Growing and Improving Market – Fairborn is currently expanding in multiple sectors. There is new home construction in a number of locations around the city, with new homes starting in the $190,000’s. There are retail developments and restaurants being constructed just across I-675 at the Mall at Fairfield Commons. Additionally, the city has experienced growth in the office market to the west of the mall with raw Class A spaces being constructed and ready for new tenants.

Amenities Proximate to Property – The list of amenities within a short distance of Wright Executive Center is below: Restaurants: Texas Roadhouse First Watch Timmy’s Wok Subway Jeet India One Eyed Jacks Flying Pizza Tropical Smoothie Taco Bell Bob Evans Arby’s Rapid fire Pizza McDonalds Thai Express Wendy’s El Rancho Grande Chipotle Starbucks Penn Station Frisch’s Big Boy Di Bella’s Subs Sonic Olive Garden TGI Fridays Red Lobster Buffalo W3’s Panera Bread Skyline Chili AND MORE. Banks: Wright Patt CU Union Savings Bank

Hotels: Fairfield Inn Ramada Limited Hampton Inn Wingate Homewood Suites Studio Plus Holiday Inn

1 Executive Summary

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ADDRESS 2970 Presidential Drive Fairborn, OH 45324

COUNTY Greene

SQUARE FOOTAGE ± 59,072 RBA

PARKING ± 258 spaces

PARKING RATIO 4.37/1,000 rsf

FRONTAGE 311’ on Interstate 675

CLASS B

FLOORS 3

OCCUPANCY 27,435 SF (46%)

TENANTS 5

NUMBER OF SUITES 13

ZONING PO – Professional Office

LAND 4.17 Acres

BUILT 1988

ACCESS From Presidential Dr and Adjacent Parking Lots

Overview 2 Property

Description

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ELECTRICAL 1200 Amp Service 277/480 Volt

ROOF EPDM Membrane

CONSTRUCTION Steel reinforced concrete - Glass Curtain Wall

PARKING LOT Asphalt with one (1) curb cut along Presidential Drive and shared access from the adjacent property lots. The lot has professional striped drive and fire lanes. A concrete walk-path runs the fronts of the buildings and between the front drive and parking lots.

ELEVATORS 2 Dover Hydraulic units. Located in main lobby

HVAC Heat pump system with gas hot water boiler. Cooling Tower (replaced 2015)

RESTROOMS 2 Located on each floor

TRAFFIC COUNT 67,890 cars per day along Interstate 675

2017 Tax Information

PARCEL B41000200370001200

IMPROVEMENTS LAND

$3,677,540 ($59.56/sf) $497,460 ($8.06/sf)

TOTAL $4,175,000

Overview (cont.)

2 Property Description

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Property Site Plan


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Property Aerial and Maps

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Property Aerial


Property Map

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2970 Presidential Drive

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• Excellent Demographics

• Highway Visibility

• Proximity to Wright Patterson AFB


Building Amenities

• Easy access • Close to a variety of restaurants, banks & hotels

• Building Signage Opportunity

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Property Aerial and Maps

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The Gem City Dayton Market Overview Dayton, or the “Gem City,” was founded in 1796. It is the third largest city in Ohio and the 28th largest city in the United States. The Greater Dayton region encompasses a 12 county area in Western Ohio. Dayton has a low cost of doing business and living. It is also home to the headquarters of several major corporations, including Lexis-Nexis, Mike-Sell’s, Motoman, Standard Register and Speedway corporation.

Greater Dayton is one of the most strategically located metropolitan regions in the United States for access by manufacturing and service industries. Air, highway, and rail transportation give Dayton ready access within 600 miles to 50 major metro markets, 54% of the nation’s population and 53% of the nation’s manufacturing capacity. Two interstate highway systems (I-75, and I-70) and one interstate connectors (I-675) serve the Dayton region and provide access to all geographic directions. The accessibility combined with Dayton’s top-ranked business climate has made it a choice location for businesses small and large. Demographics · The 2010 estimated population is 799,232. · The total civilian labor force is 275,600 · The estimated average HH income is $49,504.

Market Overview 5

The Dayton metro area is home to nearly one million residents and is ranked in the top 100 in the country for best cost of living. Wright Executive Center is located in Fairborn, an established community of Greene County, 11 miles northeast of downtown Dayton. The development sits on the south side of Colonel Glenn Highway opposite Wright State University. To the south of the properties is Interstate 675, interstate connector form I70 to I75. The property is positioned facing North, and enjoys visibility along the Interstate 675. This convenient location offers a short drive to I70 (9 miles) or I75 (16 miles). Colonel Glenn Highway is a well traveled thoroughfare for students and faculty of Wright State or people visting the Mall at Fairfield Commons.

The Mall at Fairfield Commons community orientation is well served by its excellent demographics of over 40,546 people with average household incomes of $69,057, within a three mile radius. National retailers within the area include Macy’s, Bed Bath & Beyond, Starbucks, Hobby Lobby, Wal-Mart, Sam’s Club, Target, Meijer, TJ Maxx, HomeGoods and More.

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Dayton Region Market Overview 5

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Market Overview 5 Property

Demographics

NAI Bergman 4695 Lake Forest Drive Cincinnati, OH 45242 +1 513 769 1700 naibergman.com

Scott Kaster +1 937 673 4366 Cellular +1 513 769 1700 Main [email protected]

Michael Bergman +1 513 769 1700 Main +1 513 322 6309 Direct [email protected]

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