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
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