Listed by Jackson Real Estate & Development
$7,000,000
Timberline Professional Medical Building
Details
Property Type Office
Sub Type Medical Office
Square Footage 20,838
Units 4
NOI $451,035
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Class A
Year Built 2013
Buildings 1
Acreage 1.840
Zoning C-Commerical
Medical | 20,838 SqFt
Marketing description
Introducing a prime commercial investment opportunity at 4595-4611 Trueman Blvd, Hilliard, OH. This impressive property boasts a 20,838 SF Class A medical building constructed in 2013, comprising 4 units with all leases designated as NNN and featuring 2% annual rent increases. Zoned C-Commercial, the property offers a 50% tax abatement for 10 years, making it an attractive long-term investment. With strong demographics and excellent tenants, this property situated in the Columbus MSA area presents an ideal opportunity for the discerning office/medical investor seeking a lucrative addition to their portfolio.
Investment highlights
- Newer Constructed Class A Medical Building
- 20,838 SF with 4 Units
- Built in 2013
- Zoned C-Commercial
- Located in Columbus MSA
- Strong Demographics
- Excellent Tenants
- 50% Tax Abatement for 10 years
- All Leases NNN with 2% Annual Increases
Listing Contacts
Listed by Jackson Real Estate & Development
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$451,035.00
$37,586.25/mo
Valuation Metrics
0
DSCR
6.44%
Cap Rate
6.44%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
