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Medical Office with Flexible Lower Level
For Lease
$14 SF/Yr

1030 Summit Drive, Middletown, OH 45042

Two levels combine adaptable office space with a traditional medical office layout on a 0.72-acre property.

Space Size4,351 SF
Lot Size0.72 Acres
Days on Market781

Property Features for 1030 Summit Drive

General Information

Standard status Active
Size 4,351 SF
Net Rentable 4,351 SF
Total Parking Spaces 21
Lot size 0.72 Acres
Zoning Office, Commercial
Lease Type Modified Gross

Space & Availability

Available Space 4,351 SF
Floor 1-2
Space Use Medical Office

Lease Terms

Lease Rate $14 /SF/YR
Monthly Rent $5,076
Rent per SF/Year $14

Building Details

Building Size 4,351 SF
Year Built 1993
Year Renovated 2024
Listing Agency: Republic Commercial Real Estat
Listed By: Nicholas D Barela
Source: Falgnerrealty
Added: Sep 3, 2024 Changed: Oct 23 Last Checked: Oct 23 at 3:42PM

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 Republic Commercial Real Estat

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Investment Insights

Based on property information with market context.

This 4,351-square-foot medical office property has two distinct levels. The 2,400-square-foot first floor is configured as open office or flex space, while the second floor offers a traditional medical office layout. Originally constructed in 1993, the property was renovated in 2024 and includes a resurfaced parking lot.

Set on 0.72 acres, the site has room for expansion and provides 21 off-street parking spaces. The surrounding street includes medical, dental, and office users. Zoning is Office, Commercial.

Key Highlights

  • 4,351 SF of total space, including 2,400 SF on the first floor
  • Traditional medical office layout on the second floor
  • First floor configured for open office or flex use

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Electrical Service Auto Repair Shop Storage Facility Pharmacy Hair Salon

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 45042, OH

26,972
Population
12,324
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
49.2 sq mi
ZIP Area
548
Density / Sq Mi
$66,732
Median Household Income
$41,800
Median Earnings
$950
Median Rent
$192,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two levels combine adaptable office space with a traditional medical office layout on a 0.72-acre property.
Where is this medical office space located?
The property is located at 1030 Summit Drive Middletown, OH.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 4,351 SF of total space, including 2,400 SF on the first floor; Traditional medical office layout on the second floor; First floor configured for open office or flex use
More about this property
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