201 N Yellow Springs St - Medical FOR SALE


Springfield, OH 45504
$1,460,000 USD
937-609-9496
201 N Yellow Springs St, Springfield, OH for Sale
$1,460,000 USD
Medical - FOR SALE
1/43
null | 7.6% Cap Rate

201 N Yellow Springs St
Springfield, OH 45504


HIGHLIGHTS

  • Annual Rent Increases!
  • Major Healthcare Provider!
  • Totally Renovated!

OVERVIEW

Motivated Seller has reduced the price by $100,000.00!! Here is an excellent investment property with a strong tenant in the growing medical rehab industry. Brightview Health is a major provider with clinics in the mid west to the east coast. The property underwent a complete interior renovation in 2019 to suit the needs of Brightview Health including new electrical, plumbing and HVAC systems. The roof is a standing seam metal roof with a long life expectancy. There are rent increases each year which increases the cap rate annually. . The property is in excellent condition with minimal Landlord responsibilities. The Seller is motivated and open to reasonable offers!!

FOR SALE DETAILS

PRICE

$1,460,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brightview Health Major Price Reduction!!

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

CC-2

APN/PARCEL ID

34-00600-00542-0033

ASK ABOUT THIS PROPERTY

Bob BernsteinHoward Hanna Real Estate ServicesMore Info
937-609-9496

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Bob BernsteinHoward Hanna Real Estate ServicesMore Info
937-609-9496

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.