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Net-Leased Medical & Residential Investment

139 Weber Ct, Wellington, OH 44090

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For Sale

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Stabilized investment opportunity with long-term leases and a nationally recognized tenant.

Type:Multifamily, Special Purpose

Property size:

27,682 SF

Lot size:

6.54 Acres

Price / SF:

$192/SF

HighLights

100% occupied by ResCare Community Living, a nationally recognized provider.
Stabilized investment property on 6.54 acres with 5 freestanding structures totaling 27,682 SF.
Long‑term leases in place, extending through 2027 and 2031.
Projected gross annual rent of $509,880 in 2026.
Tenant has occupied the property since 1991, with expansion in 2012.
One lease offers annual rent increases.

We can help!

Contact an agent

Troy Gerspacher

For Sale

Contact for pricing

Stabilized investment opportunity with long-term leases and a nationally recognized tenant.

Type:Multifamily, Special Purpose

Property size:

27,682 SF

Lot size:

6.54 Acres

Price / SF:

$192/SF

Added:: Mar 16, 2026
Days on Market:: 113
Last Refresh:: Jul 5 at 11:22 am

Property Features for 139 Weber Ct

General Information

Standard status: Active
Size: 27,682 SF
Lot size: 6.54 Acres
Property subtype: Multifamily, Special Purpose

We can help!

Contact an agent

Troy Gerspacher

Listing office Gerspacher Real Estate Group

Listing date Mar 16, 2026

Source Crexi

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 Gerspacher Real Estate Group

HighLights

100% occupied by ResCare Community Living, a nationally recognized provider.
Stabilized investment property on 6.54 acres with 5 freestanding structures totaling 27,682 SF.
Long‑term leases in place, extending through 2027 and 2031.
Projected gross annual rent of $509,880 in 2026.
Tenant has occupied the property since 1991, with expansion in 2012.
One lease offers annual rent increases.

Overview

This property presents a net-leased investment opportunity in the medical and residential sector, specifically catering to individuals with Intellectual and Developmental Disabilities (IDD). The property, consisting of 4 parcels totaling 6.54 acres, features 5 freestanding structures with a total area of 27,682 square feet, including a 1,344 square foot open-wall carport and a 960 square foot pole barn. The property is fully occupied by ResCare Community Living, a national provider of community living services for individuals with intellectual and developmental disabilities. ResCare has been operating on the property since its original construction in 1991 and subsequent expansion in 2012. There are five leases in place: four leases are active through 2027, each including one additional five-year renewal option, and one newly executed five-year lease for the habilitation training & treatment center, which extends through December 2031. The lease for 139 Weber Court includes annual rent increases. The projected gross annual rent for 2026 is $509,880. This offering provides a long-term investment opportunity supported by a nationally recognized tenant in a critical services sector.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$607.9k	$21.96
− Vacancy	−$51.7k	−$1.87
EGI	$556.2k	$20.09
− OpEx	−$222.5k	−$8.04
NOI	$333.7k	$12.06

27,682 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$4.77M

$4.17M – $5.56M (±1% cap)

NOI $333,735 @ 7.0% cap · market cap 6.27%

Second Best

Apartment 5plus

$3.38M

$2.96M – $3.95M (±1% cap)

NOI $236,781 @ 7.0% cap · market cap 4.45%

Theoretical Best

Office A

$6.98M

$6.10M – $8.14M (±1% cap)

NOI $488,310 @ 7.0% cap · market cap 9.17%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Rehabilitation centers

Suggested Use

Location Insight

Map
Local Demand

City: Wellington
County: Lorain
State: Ohio
Longitude: -82.214918
Latitude: 41.17619

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What type of property is this?

Rehabilitation center - Stabilized investment opportunity with long-term leases and a nationally recognized tenant.

Where is this rehabilitation center located?

The property is located at 139 Weber Ct Wellington, OH.

What is the asking price?

The asking price for this property is $5,325,000.

What are key features of this property?

This property features: 100% occupied by ResCare Community Living, a nationally recognized provider.; Stabilized investment property on 6.54 acres with 5 freestanding structures totaling 27,682 SF.; Long‑term leases in place, extending through 2027 and 2031.