423 Adair Ave - Medical FOR SALE


Zanesville, OH 43701
$1,167,142 USD
740-819-4619
423 Adair Ave, Zanesville, OH for Sale
$1,167,142 USD
Medical - FOR SALE
1/6
null | 6.5% Cap Rate

423 Adair Ave
Zanesville, OH 43701


HIGHLIGHTS

  • 3.5 years remaining on Initial Lease Term
  • Corporate Lease with Affordable Care
  • Two Five Year Options Remaining
  • 10% Increases Each Option

OVERVIEW

Strong Corporate Lease with minimal Landlord responsibility. 3941 SF Medical Office Lease with Affordable Care boasting 450 locations in 43 states across US. The property has seen more than $600,000 in improvements since 2018 including full office buildout, new HVAC system and a new roof in 2024. Strategically located in the North Zanesville on Adair Avenue boasting more than 24,000 VPD

FOR SALE DETAILS

PRICE

$1,167,142 USD

PRICE/SF

$296 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Affordable Dentures

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

C-4

APN/PARCEL ID

84-22-01-16-000

ASK ABOUT THIS PROPERTY

Kim BenincasaNAI Ohio Equities LLCMore Info
740-819-4619

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Kim BenincasaNAI Ohio Equities LLCMore Info
740-819-4619

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