4015-4059 W Dublin-Granville Rd Dublin, OH 43017

7714

Property ID

50,020 SqFt

Size

Description

STONERIDGE MEDICAL & OFFICE CENTER
BUILT-OUT MEDICAL SPACE AVAILABLE NOW
Tenant: Reach Educational Services 43,400 SF Expires: July 31,2033
50,020 SF on 5+ acres

Sale Price: $8,950,000
Cap Rate: 7.3%
Current Occupancy: 92%

Investment Highlights:

  • Dynamic medical and office property with upside through continued lease up.
  • Reach Educational Services has a lease through 2033 and occupies 43,400 SF.
    Reach Educational Services provides Applied Behavior Analytic (ABA) services to
    children and adolescence throughout Central Ohio with special needs specializing
    in autism and associated learning and behavioral differences.

Property Description:

  • Visible to 23,000 vehicles per day on Dublin-Granville Rd.
  • Monument signage on Dublin-Granville Rd.
  • Adjacent to new $300MM Dublin Bridge Park Development.
  • Minutes to Dublin Methodist Hospital.
  • 92% of building is leased through 2033.
  • Newer Roof (within the last 7 years).
  • Nearly all HVAC units recently replaced and added solar power and LED
    lights.
  • Completed PACE energy efficiency project which provides some tax
    abatement.

Area Description:

  • The property is located in Dublin, Ohio, one of the top communities in Central Ohio,
    and only 25 minutes to new Intel Plant. https://dublinohiousa.gov/
  • Well located between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270
    interchange.
  • It is home to more than 20 corporate headquarters, an entrepreneurial center,
    thousands of thriving businesses from start-ups to international corporations, worldclass
    events and the urban, walkable Bridge Street District.
  • Dublin’s diverse and sound economic base provides the foundation for the present
    and future stability of the City.

Address

Address: 4015-4059 W Dublin-Granville Rd Dublin, OH 43017
  • Country: United States
  • Province / State: Ohio
  • City / Town: Dublin
  • Postal code / ZIP: 43017
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File Attachments

Stoneridge-Investment-OM-without-IA-3.22.2024-2.pdf Download

Contact

Brad L. Kitchen

Property Agent
3 Easton Oval, Suite 120, Columbus, OH 43219
(614) 545-2155
bkitchen@AlterraRE.com
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