Medical Office Space with Dental
For Sale
Contact for pricing
1608 Brice Rd, Reynoldsburg, OH 43068
Dental-ready suite with procedure capability, imaging, equipment, and patient-facing reception areas.
Property Size1,350 SF
Price / SF$333.33
Days on Market50
Property Features for 1608 Brice Rd
General Information
Standard status
Active
Size
1,350 SF
Property subtype
OFFICE
Additional Details
Asking Price
$450,000
Amenities
large waiting area with check-in/check-out
two in-suite restrooms
large monument sign on Brice Rd
Listing Agency:
CBRE | Columbus
(614) 224-1492
Listed By:
Molly Leach · License #2009001866
(614) 332-4795
Source:
Moodyscre
Added: Aug 26
Changed: Oct 13
Last Checked: Oct 12 at 8:58PM
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 1,350 SF medical office suite is configured for dental operations, with 3 operatories, a procedure room, and a dedicated physician office. The interior includes Pan X-ray equipment, dental equipment, a substantial waiting area, and separate check-in and check-out functions. Two in-suite restrooms support daily operations and patient flow.
Positioned at 1608 Brice Rd in Reynoldsburg, Ohio, the property also features a large monument sign along Brice Rd for on-site identification. The existing layout combines clinical rooms, imaging capability, administrative space, and reception functions within a purpose-built office setting.
Positioned at 1608 Brice Rd in Reynoldsburg, Ohio, the property also features a large monument sign along Brice Rd for on-site identification. The existing layout combines clinical rooms, imaging capability, administrative space, and reception functions within a purpose-built office setting.
Key Highlights
- 1,350 SF medical office suite at 1608 Brice Rd
- 3 operatories plus a procedure room
- Pan X‑ray and dental equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,621
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,420
$332.4K
Cap Rate 7%
$237,443
$237.4K
Cap Rate 9%
$184,678
$184.7K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$29.2K $21.60/SF
− Vacancy
−$7.0K −$5.18/SF
EGI
$22.2K $16.42/SF
− OpEx
−$5.5K −$4.10/SF
NOI
$16.6K $12.31/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,420
Cap Rate 7%
$237,443
Cap Rate 9%
$184,678
Alternative Uses
Best Use
Office B
$237.4K
$207.8K – $277.0K
NOI $16,621 @ 7.0% cap · market cap 3.69%
Second Best
Healthcare Medical
$190.9K
$167.0K – $222.7K
NOI $13,361 @ 7.0% cap · market cap 2.97%
Theoretical Best
Specialty Retail
$275.2K
$240.8K – $321.1K
NOI $19,266 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43068, OH
59,585
Population
25,294
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
19.6 sq mi
ZIP Area
3,040
Density / Sq Mi
$70,451
Median Household Income
$42,327
Median Earnings
$1,214
Median Rent
$225,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental-ready suite with procedure capability, imaging, equipment, and patient-facing reception areas.
Where is this medical office space located?
The property is located at 1608 Brice Rd Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,350 SF medical office suite at 1608 Brice Rd; 3 operatories plus a procedure room; Pan X‑ray and dental equipment included
