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Stonegate Medical Buildings 6484 E Main 12,459 SF 100% Leased Office Building Reynoldsburg, OH 43068 $3,712,627 CAD ($297.99 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased Medical Office Buildings within Stonegate Business Center
- Dense Trade Area in the Columbus MSA - 237,557 Residents within a 5-Mile Radius
- Easily Accessible Location Along East Main Street (±30,900 Cars per Day), Situated Immediately Off Interstate 270
- New Triple-Net (NNN) Leases with Annual Rental Increases and Options for Renewal
- Adjacent to Kroger Grocery Store and Surrounded by National Retailers: At Home, Dollar Tree, Walgreens, McDonald's, and More
- Less Than 10 Minutes from Mount Carmel East Medical Center (±419 Beds)
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale Stonegate Medical Buildings in Reynoldsburg, OH. The property is 100% leased to Novacare, Ivory Home Health, and Central Ohio Surgical Associates.
Reynoldsburg is a city in Fairfield, Franklin, and Licking counties in Ohio. A suburb of Columbus, the city is home to approximately 41,000 residents. The Columbus metro is Ohio’s most populated metropolitan area, composed of 10 counties in the gently rolling hills of central Ohio.
Reynoldsburg is a city in Fairfield, Franklin, and Licking counties in Ohio. A suburb of Columbus, the city is home to approximately 41,000 residents. The Columbus metro is Ohio’s most populated metropolitan area, composed of 10 counties in the gently rolling hills of central Ohio.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
12,459 SF
Building Class
C
Year Built
1989
Price
$3,712,627 CAD
Price Per SF
$297.99 CAD
Cap Rate
6.75%
NOI
$250,632 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,459 SF
Building FAR
0.21
Lot Size
1.35 AC
Zoning
C4, Reynoldsburg
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PROPERTY TAXES
| Parcel Number | 060-007550 | Improvements Assessment | $325,693 CAD |
| Land Assessment | $69,879 CAD | Total Assessment | $395,572 CAD |
PROPERTY TAXES
Parcel Number
060-007550
Land Assessment
$69,879 CAD
Improvements Assessment
$325,693 CAD
Total Assessment
$395,572 CAD
CONTACTS
-
Sean Lenchner -
Mark Ruble -
Christopher Lind -
Zack House -
Michael Glass -
Marcus & Millichap
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Stonegate Medical Buildings | 6484 E Main
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