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Ambulatory Surgical Center and Medical Offices
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1050 River Road, Chillicothe, OH 45601

Across from Adena Hospital with retail visibility on SR 23, offering ambulatory surgical capabilities and flexible medical office options.

Space SizeContact for details
Days on Market54

Property Features for 1050 River Road

General Information

Standard status Active
Property subtype Healthcare

Additional Details

Opportunity Zone Yes
Listing Agency: CBRE | Columbus
Listed By: Molly Leach · License #2009001866
Source: Cbre
Added: Jun 17 Changed: Jul 10 Last Checked: Aug 9 at 7:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Columbus

Investment Insights

Based on property information with market context.

This offering includes a full-service ambulatory surgical center along with associated medical office space. The surgical center features four operating rooms and two procedure rooms, supporting outpatient surgical services. Tenants also have options to lease or own medical office space, with delivery planned for early to mid-2026 and a tenant improvement allowance of $100 per SF to build out the space to fit clinical needs.

The property is located across the street from Adena Hospital and provides retail visibility on SR 23. It is described as having access to patients in Central, South, and Southeast Ohio, supporting a customer-friendly healthcare location for outpatient activity. The site is also noted as being in an opportunity zone with up to $30 million in tax benefits over time.

For medical operators seeking an integrated environment for outpatient procedures and surrounding clinical services, the combination of the ambulatory surgical center and medical office space can support a cohesive patient care model. The offering also notes an ability to join Cohen Orthopedics and other specialty healthcare providers. Current terms are listed at $29.00 per SF NNN, with the tenant improvement allowance available for interior build-out.

Key Highlights

  • Full‑service ambulatory surgical center with 4 ORs and 2 procedure rooms
  • Across the street from Adena Hospital
  • Retail visibility on SR 23 with access to patients in Central, South, and Southeast Ohio

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick HVAC Service Auto Parts Store Storage Facility Furniture & Home Goods Carpet & Flooring Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 45601, OH

56,849
Population
23,358
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
348.7 sq mi
ZIP Area
163
Density / Sq Mi
$57,430
Median Household Income
$39,973
Median Earnings
$858
Median Rent
$160,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Across from Adena Hospital with retail visibility on SR 23, offering ambulatory surgical capabilities and flexible medical office options.
Where is this medical center located?
The property is located at 1050 River Road Chillicothe, OH.
What are key features of this property?
This property features: Full‑service ambulatory surgical center with 4 ORs and 2 procedure rooms; Across the street from Adena Hospital; Retail visibility on SR 23 with access to patients in Central, South, and Southeast Ohio
More about this property
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