Pickerington Medical Office Building For
For Sale
Contact for pricing
1101 Hill Rd N, Pickerington, OH
Medical office building with long-term passive lease structure for sale.
Property SizeContact for details
Lot Size10.65 Acres
Days on Market1202
Property Features for 1101 Hill Rd N
General Information
Standard status
Active
Lot size
10.65 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services | Atlanta
(866) 889-0550
Listed By:
Connor Knauer · License #413436(GA)
(813) 335-5893
Source:
Moodyscre
Added: May 30, 2023
Changed: Sep 3
Last Checked: Sep 11 at 12:50PM
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 Matthews Real Estate Investment Services | Atlanta
Investment Insights
Based on property information with market context.
This medical office building is occupied by medical tenants, who are considered desirable by investors due to their ability to withstand economic downturns and e-commerce consumer trends. The property offers a long-term passive lease structure with an initial term of 10 years. The lease is structured as an absolute NNN lease, meaning there are zero landlord responsibilities for tax, maintenance, and insurance. This type of lease is suitable for out-of-state investors and those seeking passive income.
Key Highlights
- Absolute NNN Lease: Enjoy completely passive income with zero landlord responsibilities.
- Long‑Term Lease: Provides a stable income stream with an initial 10‑year lease term.
- Medical Tenant: Highly sought after for resilience to economic downturns.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
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Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Windmiller Equine Veterinary Services — 788 Delong St, Pickerington, OH 43147
- Compassionate Care Animal Hospital — 809 Hill Rd N, Pickerington, OH 43147
- Cross Creeks Animal Hospital — 1540 Cross Creeks Blvd, Pickerington, OH 43147
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with long-term passive lease structure for sale.
Where is this medical office space located?
The property is located at 1101 Hill Rd N Pickerington, OH.
What is the asking price?
The asking price for this property is $8,304,000.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy completely passive income with zero landlord responsibilities.; Long‑Term Lease: Provides a stable income stream with an initial 10‑year lease term.; Medical Tenant: Highly sought after for resilience to economic downturns.
