6336 N Ridge Rd - Medical FOR SALE


Madison, OH 44057
$2,300,000 USD
949-662-2256
6336 N Ridge Rd, Madison, OH for Sale
$2,300,000 USD
Medical - FOR SALE
1/4
null | 8.25% Cap Rate

6336 N Ridge Rd
Madison, OH 44057


HIGHLIGHTS

  • STABLE INVESTMENT: There are just under ±2 years remaining on the NNN lease with 2% annual increases.
  • SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION: The lease features annual rental escalators, providing a future owner with a boost in cash flow
  • HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY: Veterinary Hospitals are extremely sought-after investments for their resistance to downturns
  • PRIME LOCATION: The ±11,300 SF hospital is well situated along North Ridge Road, offering direct street frontage and easy access to major highways
  • COMPREHENSIVE SERVICES | MULTI-DOCTOR LOCATION: North Ridge Veterinary Hospital offers a range of veterinary services including emergency pet care
  • STRATEGICALLY LOCATED FACILITY: This center is ideally positioned near a major east-west highway and key arterial routes, offering convenient

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VCA ANIMAL HOSPITALS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.15 AC

LAND SF

442,253 SF

ZONING

-

APN/PARCEL ID

01-B-110-0-00-017

ASK ABOUT THIS PROPERTY

Andrew EvansMatthews Real Estate Investment ServicesMore Info
949-662-2256

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Andrew EvansMatthews Real Estate Investment ServicesMore Info
949-662-2256

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