November 30, 2022 – Joseph Pellecchia of Horvath & Tremblay has successfully completed the sale of AIM Media in Miamisburg, Ohio. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $2,700,000.
AIM Media is located at 4500 Lyons Road in Miamisburg, Ohio. The Property was constructed in 1995 and consists of a 42,975 square foot building (12,600 square feet of office space and 30,375 square feet of warehouse/manufacturing space) situated on a large 4.99-acre parcel of land. AIM Media has 17 years of term remaining on a corporate guaranteed Absolute NNN lease followed by two (2), 5-Year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of the renewal option periods. AIM Media is well located along Lyons Road and is surrounded by other office, manufacturing, warehouse, and industrial buildings. The Property enjoys convenient access to Interstates 75 and 675, and is minutes from OH Routes 725 and 741, the area’s primary commercial corridors. AIM Media is positioned approximately 10.5 miles south of downtown Dayton, OH, 44 miles north of Cincinnati, OH, and 80 miles southwest of Columbus, OH the region’s three closest cities.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.