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The Dermatology Group 2 Office Properties Offered at $10,246,040 CAD in Mason, OH
Investment Highlights
- Market-Leading Practice
- Recent Leasing Activity: Focus Health and Wellness joined the property in 2023, complementing The Dermatology Group’s long-term commitment
- Purpose-Built Facilities: The buildings were designed to house the practice and its dermatopathology lab, which processes nationwide tissue specimens
- Flagship Diagnostic Lab: The on-site dermatopathology laboratory serves as a national Phynet hub equipped with advanced histology & diagnostic tech
- Roof Replacement: The 5184 building is scheduled for a full roof replacement in February 2026, including a transferrable 10-year shingle warranty
- NN Lease & Site Potential: The property features NN leases with tenants covering operating expenses and includes excess land
Executive Summary
As the exclusive advisor to the Owner, CBRE is pleased to offer the fee simple interest in a 22,718 square foot medical complex in the Greater Cincinnati market. This offering is comprised of two medical assets of 10,878 and 11,840 square feet strategically located in Mason, a northern suburb of Cincinnati, Ohio. The assets are 100% leased to two complimentary medical tenants, The Dermatology Group and Focus Health & Wellness. The Dermatology Group has been at this location since construction in 2007 and 2016.
The offering is presented to qualified investors with recent leases that deliver a 6.40-year WALT (Weighted Average Lease Term). The complex is being offered to the market on a fee-simple basis and unencumbered, enabling the new Owner to secure financing that meets their long-term objectives for the assets.
The offering is presented to qualified investors with recent leases that deliver a 6.40-year WALT (Weighted Average Lease Term). The complex is being offered to the market on a fee-simple basis and unencumbered, enabling the new Owner to secure financing that meets their long-term objectives for the assets.
Property Facts
| Price | $10,246,040 CAD | Number of Properties | 2 |
| Price / SF | $445.95 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 22,976 SF |
| Sale Type | Investment NNN | Total Land Area | 5.68 AC |
| Status | Active |
| Price | $10,246,040 CAD |
| Price / SF | $445.95 CAD / SF |
| Cap Rate | 7% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 22,976 SF |
| Total Land Area | 5.68 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5298 Socialville Foster Rd, Mason, OH 45040 | Office | 11,976 SF | 2016 | - |
| 5160-5184 Socialville Foster Rd, Mason, OH 45040 | Office | 11,000 SF | 2007 | - |
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