8940 Kingsridge Dr - Medical CONDO FOR SALE


Centerville, OH 45458
$305,000 USD
937-431-6489
8940 Kingsridge Dr, Centerville, OH for Sale
$305,000 USD
Medical CONDO - FOR SALE
1/38
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8940 Kingsridge Dr
Centerville, OH 45458


HIGHLIGHTS

  • 6 Wet-Exam Rooms, 8 Offices, Reception, and 2 En Suite Restrooms
  • Common Area Waiting Room including 2 Restrooms
  • 8% Cap Rate
  • Current Lease in effect until November 2027

OVERVIEW

The current tenant, a mental health practitioner, occupies two of the building’s condos, including one they began operating from under a new lease signed in early 2025. The current lease for Suite 101 is in effect through November 2027. The property offers an 8% cap rate, please review the Annual Property Operating Data (APOD) sheet on the last page. Please note that the condo fee is paid by the tenant, but offset on the APOD.

FOR SALE DETAILS

PRICE

$305,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingsridge Medical Center I

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

12,572 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Office

APN/PARCEL ID

K45-51332-0005

ASK ABOUT THIS PROPERTY

David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

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David NianourisHoward Hanna Real Estate ServicesMore Info
937-431-6489

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