900 Dayton Street | Yellow Springs,

900 Dayton Street Sale opportunity | Yellow Springs, Ohio

1 | 900 Dayton Street – Yellow Springs, Ohio 900 Dayton Street | Yellow Springs, Ohio

The Property 900 Dayton Street is a 91,970 square BUILDING SPECIFICATIONS foot building available in Yellow Springs, Ohio. Address 900 Dayton Street, Yellow Springs, Ohio 45387 Located less than five miles from Submarket Dayton Interstate-675, 900 Dayton Street Site size 11.144 acres provides convenient access to the Building size 91,970 square feet, two-stories Greater Dayton area. Tax information Greene County PID F19-0001-0020-0-0005-00 Year constructed 2007 Construction Structural steel and masonry Elevator Two (2) 3500 lb. capacity Parking 287 surface spaces and 15 handicapped spaces Clear height 14’ from floor to deck Power 488 KV Lighting 277 KV Emergency power Koehler Generator, 41 hour Fiber-optic Internet Three dedicated fiber-optic Internet lines to the building JLL | 2 900 Dayton Street | Yellow Springs, Ohio

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3 | 900 Dayton Street – Yellow Springs, Ohio 900 Dayton Street | Yellow Springs, Ohio The Location MARKET OVERVIEW Yellow Springs, a suburb located east of Dayton, Ohio, is within a 40-minute drive of all of Dayton. An estimated 982,000 people live within a 40-minute drive of the property, up 0.6% since 2010. The median age within a 40-minute drive of the property is 40.3 years old. 61.0% of the population within 40 minutes of the property is of working age, defined as between the ages of 18 and 65. The Property is located approximately 11 miles from Wright-Patterson Air Force Base, which generates an estimated $4.2 billion in annual economic impact. With over 27,000 military, civilian, and contracted employees, Wright- Patterson is the largest single site employer in the state of Ohio. Educational attainment near the property is higher than educational attainment statewide. Within 40 minutes of the property, 37.3% of the population has an Associate degree or higher, and 27.6% of the population has a Bachelor’s degree or higher. The largest sectors of the economy within the are:

Healthcare and social Retail trade Manufacturing assistance 13.7% of all jobs 11.6% of all jobs 17.6% of all jobs

900 Dayton Street

Yellow Springs is a thriving place for business. The village offers a business environment rich in creativity, camaraderie and engagement. With a focus on health and wellness, alternative energy, local food, education and water technology, Yellow Springs has a tradition of fostering and nurturing small start-up businesses of all types. 900 Dayton Street is situated adjacent to several new business development properties including two owned by the Village of Yellow Springs (number 1 & number 3) and a future development, owned by Cresco Labs.*

JLL | 4 *content provided by Greene County 900 Dayton Street | Yellow Springs, Ohio The Market The Dayton office market overview Historically, Dayton has been a market for modest activity. In 2017, the market saw healthy activity in all aspects, boosting confidence heading into 2018. Several large leasing transactions anchored absorption numbers for the year, while also inducing a decline in vacancy numbers. In addition to leasing activity, capital markets activity was rather active in 2017. While the market has performed well in all other sectors, speculative construction remains quiet, with build-to-suit projects as the only new developments going on in the Dayton market.

OUTLOOK Heading into 2018, fundamentals within the Dayton office market look strong. With few proposed developments in the pipeline, speculative construction will remain quiet, allowing tenants in the market to fill the existing inventory therefore further decreasing vacancy. As vacancy slowly decreases, rental rates will begin to see a gradual increase. Going into the new year, we can look to the North and South submarkets to keep driving activity within the market.

Antioch University is marketing the asset to allow for relocation and growth in the greater Dayton region. The University’s preference is the sale of the asset, but it will consider a sale with a partial leaseback scenario under the right terms and conditions.

The material in this Investment Offering Introduction is confidential, furnished solely for the purpose of considering the “AS IS” acquisition of 900 Dayton Street located in Yellow Springs, Ohio. The information is not to be used for any other purpose or to be made available to any other person without the express written consent of Agent on behalf of Owner. The material is based, in part, upon information supplied by Owner and, in part, upon information obtained by Agent from sources they deem to be reliable. Summaries contained herein of any legal documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. No warranty or representation, expressed or implied, is made by Owner, Agent or any of their respective related agents or entities as to the accuracy or completeness of the information con- tained herein. Prospective investors should make their own investigations, projections and conclusions regarding the Property. It is expected that prospective investors will conduct their own independent due diligence concerning the Property, including such inspections as they deem necessary. No representations, expressed or implied, are made as to the foregoing matters by the Owner, Agent or any of their respective officers, employees, affiliates and/or agents.

Copyright © Jones Lang LaSalle IP, Inc. 2018 This publication is the sole property of Jones Lang LaSalle and must not be copied, reproduced or transmitted in any form or by any means, either in whole or in part, without the prior written consent of Jones Lang LaSalle. The information contained in this publication has been obtained from sources generally regarded to be reliable. However, no representation is made, or warranty given, in respect of the accuracy of this information. We would like to be informed of any inaccuracies so that we may correct them. Jones Lang LaSalle does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on this publication. Jones Lang LaSalle Americas, Inc. License # 19262.

5 | 900 Dayton Street – Yellow Springs, Ohio 900 Dayton Street | Yellow Springs, Ohio

Contact information

Josh Gerth VICE PRESIDENT +1 513 252 2178 [email protected]

Todd Pease VICE PRESIDENT +1 513 297 2506 [email protected]

312 Walnut Street, Suite 3030 | , Ohio 45202

www.jll.com/cincinnati

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