5323-5345 Hendron Road, Groveport, OH 43125
$3,200,000
Property Type:
Commercial Lease
Square Footage:
20,064
Lot Size (sq. ft.):
110,207
Status:
Closed
Current Price:
$3,200,000
List Date:
3/27/2018
Last Modified:
1/25/2025
Overview
Description
GREAT INVESTMENT OPPORTUNITY! As the demand for Medical Office Buildings continues to grow in central Ohio, the Cap rates continue to fall. That is why this one-of-a-kind property is so valuable to investors! Perfect 1031 property and currently 88% occupied with all medical users. Mount Carmel East occupies 50%. 2,450 +/- SF perfect medical/office space available for lease.
Listing Details MLS# 218004187
Location Property Info
- Original List Price
- 3865000
- Property Sub Type
- Medical
- Street #
- 5323-5345
- Street Name
- Hendron
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43125
- Township
- Madison
OfficeContract Info
- MLS Entry Date
- 2018-02-15
General Property Info
- Total Available Sqft
- 2450
- Building Sqft
- 20064
- Max Cont Sqft Avail
- 2450
- Minimum Sqft Avail
- 2450
- # of Floors Above Gr
- Yes
- Year Built
- 2004
- Acreage
- 2.53
- # of Docks
- 0
- # of Elevators
- 0
Tax Info
- Parcel #
- 185-002878-00
- Zoning
- SO
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2017
- Tax Abatement
- No
- Taxes (Yrly)
- 13396
Status Change Info
- Under Contract Date
- 2018-07-12
- Sold Date
- 2018-09-21
- Sold Price/SqFt
- 1306.12
T Reimburses L
- Curr Yr Est $/SF TRL
- 3.06
More Information
Auction Info
- Auction/Online BiddingY/N
- No
Location & Property Info
- List Price/SqFt
- 1577.55
- City (Mailing Addr)
- Groveport
- Corp LimitPerAuditor
- Groveport
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- Yes
- Lease Rate $/Sq Ft
- 12
Remarks & Misc
- Property Description
- GREAT INVESTMENT OPPORTUNITY! As the demand for Medical Office Buildings continues to grow in central Ohio, the Cap rates continue to fall. That is why this one-of-a-kind property is so valuable to investors! Perfect 1031 property and currently 88% occupied with all medical users. Mount Carmel East occupies 50%. 2,450 +/- SF perfect medical/office space available for lease.
Income/Expenses
- Gross Income
- 383514.43
- Net Operating Income
- 322516.39
- Total Expenses
- 60998.04
Addl Acceptance Cond
- None Known
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
The Robert Weiler Company
Listing Agent:
Todd E Schiff
Last Updated: January - 25 - 2025
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