3720 Ridge Mill Drive APT B, Hilliard, Ohio, United States, 43026
995,000
for Sale
30,927.6
About the property:
Discover a premier investment opportunity with this 100% fully occupied, approximately 6,000-square-foot medical office building located in the highly desirable Mill Run area of Hilliard. Set on a ±0.71-acre lot, the property features four established tenants--including a dentist, an acupuncturist, a cleaning company, and a medical company--offering a stable income stream with a strong 7.00% cap rate. The well-maintained building is designed for operational flexibility, boasting separate entrances for all units while two units share a convenient common area, alongside a generous provision of approximately 40 dedicated parking spaces.
Recent capital improvements and low operating overhead add immediate long-term value for investors, highlighted by two newer HVAC units, updated awnings, and a recently resealed parking lot. Zoned for office use and built in 1994, this turnkey asset combines low-maintenance ownership with steady, diversified tenancy in a thriving suburban submarket. (Note: Please respect tenant privacy and do not disturb occupants during the evaluation process.)
- Property Type:
- Medical
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.71
- Square Feet:
- 6000
- Heating Type:
- 0
- Cross Street:
- Fishinger Road
- Is Building:
- Yes
- Is Investment:
- Yes
- Is Medical:
- Yes
- Is Office:
- Yes
- Is Other:
- Yes
- Is Parking:
- Yes
- Annual Property Taxes:
- 18,733
- Listing ID:
- 226039467
Rooms
Dimensions
Brokered by:
Best Corporate Real Estate
Presented By:
Presented By: