5060-5080 BRADENTON Avenue, Dublin, OH 43017

$2,350,000
Property Type: Office Square Footage: 15,784 Status: Closed
Current Price: $2,350,000 List Date: 11/10/2016 Last Modified: 1/18/2025

Description

NET LEASE MEDICAL INVESTMENT OPPORTUNITY! Incredible Dublin Medical Market! These properties, service the high income Dublin market and offer great accessibility to I-270. The properties are listed at 7.05% Cap Rate. Average lease term for both buildings is five years and both buildings have long-term tenants in place. Rents are below market, providing tremendous upside. This is a great opportunity for an owner to acquire a net leased property with minimal management responsibilities. Leases are structured with rental increases providing a higher return in years to come.

Supplements: ********

More Information MLS# 216040353

Location Property Info

Original List Price: 2500000 Sold Price: $2,350,000 Property Sub Type: Medical Street #: 5060-5080 Street Name: BRADENTON Street Suffix: Avenue County: Franklin State: OH Zip Code: 43017 Township: Washington

OfficeContract Info

Status: Closed MLS Entry Date: 2016-11-10

General Property Info

Total Available Sqft: 15784 Building Sqft: 15784 Max Cont Sqft Avail: 8484 Minimum Sqft Avail: 15784 # of Floors Above Gr: 1 Year Built: 1998

Tax Info

Parcel #: 273-010031-00 Zoning: PCD Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 273-010592-00 Tax Year: 2015 Taxes (Yrly): 31245

Status Change Info

Under Contract Date: 2017-07-26 Sold Date: 2017-10-04 Sold Price: $2,350,000 Sold Price/SqFt: 148.88

Auction Info

Auction/Online BiddingY/N: No

Property Features

Addl Acceptance Cond: None Known Building Type: Multi Tenant MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Alexander Marsh
Last Updated: January - 18 - 2025
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