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1907-1925 Williamsburg Way NE

11,448 SF 100% Leased Office Building Louisville, OH 44641 $1,900,000 ($166/SF) 7.02% Cap Rate

Executive Summary

Presenting an exceptional investment opportunity in a strategically located medical office building designed to meet the needs of the growing demand for healthcare facilities. This well-maintained single tenant property offers stable cash flow from a long term lease sublease with Aultman Health Foundation. The building is equipped with modern amenities, ample parking and easy access to major
highways, making it an ideal location for both patients and providers.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,448 SF
Building Class
B
Year Built
2002
Price
$1,900,000
Price Per SF
$166
Cap Rate
7.02%
NOI
$133,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,448 SF
Building FAR
0.11
Lot Size
2.44 AC
Zoning
B5
Parking
137 Spaces (11.97 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03605440
Land Assessment
$55,130
Improvements Assessment
$515,100
Total Assessment
$570,230
  • Listing ID: 33923227

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 1907-1925 Williamsburg Way NE, Louisville, OH 44641

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