1301 W 1st St - Medical FOR SALE


Springfield, OH 45504
$1,500,000 USD
937-505-9233
1301 W 1st St, Springfield, OH for Sale
$1,500,000 USD
Medical - FOR SALE
1/15
null | Request Cap Rate

1301 W 1st St
Springfield, OH 45504


OVERVIEW

Commercial property available for lease (rear unit only) or for sale (entire property). The lease offering consists of the rear building/unit only. The front portion of the property is currently leased to an existing tenant and is not available for lease. This current lease ends 6/30/2028 with an increase yearly on the monthly installments. The rear unit includes a large open area, reception/waiting area, five (5) private offices, and two (2) full bathrooms with showers. The space also features both side and rear entrances. Lease rate is $15.00 per square foot per year. Lease type (NNN, modified gross, or gross), term, tenant improvements, CAM charges, utilities, maintenance, and other terms are subject to negotiation and will be defined in a fully executed lease agreement. The entire property is also offered for sale at $1,500,000. The front unit is currently leased. The rear unit is currently vacant. All existing leases will remain in place at closing, subject to their terms and conditions. Financial information, rent roll, and lease documents are available to qualified purchasers upon request and may require a signed confidentiality agreement. Property is located on a high-traffic roadway with surrounding commercial uses.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

34-00600-00631-3012,34-00600-00631-3013,34-00600-00631-3014,34-00600-00631-3028,34-00600-00631-3029,34-00600-00631-3030

ASK ABOUT THIS PROPERTY

Sunil DhingraAlways Sunny RealtyMore Info
937-505-9233

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Sunil DhingraAlways Sunny RealtyMore Info
937-505-9233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.