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Brightview Health Major Price Reduction!! 201 N Yellow Springs St

6,600 SF Office Building Springfield, OH 45504 $1,460,000 ($221/SF) 7.60% Cap Rate

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Investment Highlights

Annual Rent Increases!
Totally Renovated!

Major Healthcare Provider!

Executive Summary

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!!

Property Facts

Sale Type

Investment NNN

Property Type

Office

Property Subtype

Medical

Building Size

6,600 SF

Building Class

Year Built/Renovated

2002/2019

Price

$1,460,000

Price Per SF

$221

Cap Rate

7.60%

NOI

$110,992

Tenancy

Single

Building Height

1 Story

Typical Floor Size

6,600 SF

Slab To Slab

14’

Building FAR

0.21

Land Acres

0.71 AC

Opportunity Zone

Yes

Zoning

CC-2 - Office and Retail

Parking

49 Spaces (7.42 Spaces per 1,000 SF Leased)

Amenities

Bus Line

Signage

Air Conditioning

Health Care and Social Assistance
99,999 SF
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Brightview Health offers outpatient addiction treatment programs at several locations across the country. Their treatment plans offer a holistic, compassionate, and comprehensive approach to addiction. They provide you with a safe and positive environment to facilitate your recovery and healing. Their intensive outpatient program includes therapy sessions, support groups, suboxone treatment, and many other treatment options. They understand that addiction is often rooted in issues with mental health and behavioral health. Their patients receive an exceptional level of care that is built around their philosophy of treating everyone with respect and empathy.