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Value Add Medical Office 4015-4059 W Dublin-Granville Rd
37,559 SF 90% Leased Office Building Dublin, OH 43017 $8,950,000 ($238/SF) 7% Cap Rate
Investment Highlights
- 92% of building is leased through 2033.
- Completed PACE energy efficiency project which provides some tax abatement.
Executive Summary
BUILT-OUT MEDICAL SPACE AVAILABLE NOW
Cap Rate: 7% at current occupancy, 8.2% at 100% occupancy
Investment Highlights:
Dynamic medical and office property with upside through continued lease up. 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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Services
-
99,999 SF
- -
-
Jan 0000
Reach Educational and Therapy Services offers educational, behavioral, and related therapy services to children with Autism throughout Central Ohio. Applied Behavior Analytic (ABA) services are available for students ranging from 2 through 22 years of age at Reach's private clinic, located in Columbus. Additionally, we offer in-home ABA Therapy services throughout Central Ohio. Reach specializes is working with learners who have Autism and associated behavior and learning differences. Reach services can be fully funded by the Autism Scholarship Program in addition to Private Health Insurance. We also partner with school districts throughout Central Ohio to provide services through direct district placements. ?
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Services | 99,999 SF | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Well located in Dublin between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270 interchange. Visible to 23,000 vehicles per day on Dublin-Granville Rd Adjacent to new $300MM Dublin Bridge Park Development Minutes to Dublin Methodist Hospital Existing medical office and office space available Many recent upgrades including new HVAC including ionization for clean air, LED lights and solar.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,939 SF | Office/Medical | Partial Build-Out | Now |
1st Floor
| Size |
| 3,939 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,939 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Well located in Dublin between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270 interchange. Visible to 23,000 vehicles per day on Dublin-Granville Rd Adjacent to new $300MM Dublin Bridge Park Development Minutes to Dublin Methodist Hospital Existing medical office and office space available Many recent upgrades including new HVAC including ionization for clean air, LED lights and solar.
PROPERTY TAXES
| Parcel Number | 273-008296 | Improvements Assessment | $242,760 |
| Land Assessment | $462,740 | Total Assessment | $705,500 |
PROPERTY TAXES
-
Bradford Kitchen -
Alterra Real Estate Advisors
Presented by
Value Add Medical Office | 4015-4059 W Dublin-Granville Rd
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