1821 E High St - Medical FOR SALE


Springfield, OH 45505
$780,000 USD
937-360-9952
1821 E High St, Springfield, OH for Sale
$780,000 USD
Medical - FOR SALE
1/2
null | 11.29% Cap Rate

1821 E High St
Springfield, OH 45505


OVERVIEW

FOR SALE | NNN Medical Investment Opportunity 1821 E. High Street, Springfield, OH 45505 New Lease • Regional Medical Tenant • NNN Investment Presenting an exceptional NNN investment opportunity in the heart of Springfield, Ohio. This well-maintained medical office building is 100% occupied by a strong regional healthcare provider under a brand-new three-year lease, offering long-term stability and income. The lease includes two renewal options, ensuring continued tenancy and upside potential. Net Operating Income: - $88,033 Lease Structure: - Absolute NNN Tenant: - Established regional medical provider Lease Term: - New 3-year lease in place Renewal Options: - Two additional extensions Asset Type: - Medical Office Strategically located along East High Street, this property benefits from excellent visibility, proximity to regional hospitals, and strong local demographics. Ideal for passive investors seeking dependable cash flow with minimal management responsibilities. For more information or a confidential offering memorandum, contact: Pat Williams Coldwell Banker Commercial | Heritage 937.360.9952 patrick.williams@cbcommercial-heritage.com

FOR SALE DETAILS

PRICE

$780,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

11.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Physicians & Surgeons for Women

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,393 SF

ZONING

-

APN/PARCEL ID

34-00700-02820-6023

ASK ABOUT THIS PROPERTY

Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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Patrick WilliamsColdwell Banker Commercial | HeritageMore Info
937-360-9952

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