4015-4059 W Dublin-Granville Rd - Office FOR SALE


Dublin, OH 43017
$8,950,000 USD
614-365-9000
4015-4059 W Dublin-Granville Rd, Dublin, OH for Sale
$8,950,000 USD
Office - FOR SALE
1/10
null | 7% Cap Rate

4015-4059 W Dublin-Granville Rd
Dublin, OH 43017


HIGHLIGHTS

  • 92% of building is leased through 2033.
  • Completed PACE energy efficiency project which provides some tax abatement.

OVERVIEW

SINGLE TENANT AUTISM CENTER STONERIDGE MEDICAL & OFFICE CENTER Cap Rate: 7% at current occupancy, 8.2% at 100% occupancy Investment Highlights: Medical office with upside through continued expansion of tenant into the last remaining space. They started in a portion of the building and have consistently expanded. Reach Educational Services has a lease through 2033 and occupies 43,400 SF. Reach Educational Services provides Applied Behavior Analytic (ABA) services to children and adolescence throughout Central Ohio with special needs specializing in autism and associated learning and behavioral differences. Property Description: Visible to 23,000 vehicles per day on Dublin-Granville Rd. Monument signage on Dublin-Granville Rd. Adjacent to new $300MM Dublin Bridge Park Development. Minutes to Dublin Methodist Hospital. 90.5% of building is leased through 2033. Newer Roof (within the last 7 years). Nearly all HVAC units recently replaced and added solar power and LED lights. Completed PACE energy efficiency project which provides some tax abatement. Area Description: The property is located in Dublin, Ohio, one of the top communities in Central Ohio, and only 25 minutes to new Intel Plant. https://dublinohiousa.gov/ Well located between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270 interchange. It is home to more than 20 corporate headquarters, an entrepreneurial center, thousands of thriving businesses from start-ups to international corporations, worldclass events and the urban, walkable Bridge Street District. Dublin’s diverse and sound economic base provides the foundation for the present and future stability of the City.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add Medical Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

Commercial

APN/PARCEL ID

273-008296

ASK ABOUT THIS PROPERTY

Bradford KitchenAlterra Real Estate AdvisorsMore Info
614-365-9000

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Bradford KitchenAlterra Real Estate AdvisorsMore Info
614-365-9000

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