201 N Yellow Springs St - Medical FOR SALE
Springfield, OH 45504 |
$1,465,000 USD
610-295-5697
201 N Yellow Springs St
Springfield, OH 45504
HIGHLIGHTS
- BrightView is an addiction treatment center that combines medical treatment with psychological therapy and social services.
- Double net (NN) lease with just under 3 years remaining on a 9-year term, featuring two 5-year extension options
- BrightView operates over 75 locations in 5 states: Ohio, North Carolina, Kentucky, Virginia, and Maryland.
- The building is 6,600 SF and was completely renovated in 2019.
- Located across the street from Mercy Health - Springfield Regional Medical Center.
OVERVIEW
Sands Investment Group is pleased to exclusively present the 6,600 SF BrightView property at 201 North Yellow Springs Street in Springfield, OH. Completely renovated in 2019, this turnkey asset is backed by a strong tenant with just under 3 years remaining on a 9-year lease and two additional 5-year renewal options - offering investors long-term
stability and income potential.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Sco Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$1,465,000 USD
PRICE/SF
$222 USD /SF
CAP RATE
7.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BrightView Health - Springfield, OH
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
49
LAND DETAILS
LAND ACRES
0.71 AC
LAND SF
30,928 SF
ZONING
CC-2
APN/PARCEL ID
34-00600-00542-0033
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610-295-5697
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610-295-5697
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