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2323 Sunset Blvd Steubenville, OH

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NNN investment opportunity in a strategically located medical hub.

Type:OFFICE
Property size:
9,428 SF
Lot size:
0.85 Acres
Price / SF:
$660/SF
Added:
Jul 13, 2023
Days on Market:
1021
Last Refresh:
Apr 5 at 11:26 pm

Property Features for 2323 Sunset Blvd

General Information

Standard status
Active
Size
9,428 SF
Lot size
0.85 Acres
Property subtype
OFFICE

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Listing Contact
Kyle Mackulak

Listing agent Kyle Mackulak

Listing office Matthews Real Estate Investment Services

Listing date Jul 13, 2023

Source Moodyscre

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


Overview

Steubenville Medical Property for Sale

This property presents a passive NNN investment opportunity, allowing the landlord to benefit from a hands-off arrangement where the tenant manages all taxes, insurance, and maintenance/repairs. With over 5 years remaining on the base term, investors can receive an average cap rate of 8.15%. The Valley Surgery Center is situated in a healthcare hub, strategically located near several medical properties, including the Steubenville Osteopathic Center, the Trinity Medical Center West, and the Wesley Family Health Center. This location fosters a synergistic network where patients can be easily referred between practices. The property is Medicare-certified, expanding its potential client base and payer mix, as Medicare requires certification for healthcare providers to receive payments for services. The trend towards developing outpatient surgical centers is increasing due to their cost-effectiveness and convenience for patients. The number of outpatient procedures is estimated to increase 15% by 2028.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Valley Surgery Center Medical Clinic Nicholas Mastros, MD Physician CRAIG RICHARD OSER Physician Dr. Allison Sellers Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Similar Places Nearby

  • Steubenville Veterinary Hospital 146 N 7th St, Steubenville, OH 43952

Location Insight

  • Map
  • Local Demand
City
Steubenville
County
Jefferson
State
Ohio
Longitude
-80.6451
Latitude
40.3708

FAQs

What type of property is this?
Medical Office Space - NNN investment opportunity in a strategically located medical hub.
Where is this medical office space located?
The property is located at 2323 Sunset Blvd Steubenville, OH.
What is the asking price?
The asking price for this property is $6,228,671.
What are key features of this property?
This property features: Passive NNN investment: Tenant handles all taxes, insurance, and maintenance/repairs.; Advantageous return: Average cap rate of 8.15% over the remaining 5+ years.; Medicare‑certified: Access to a broader client base and payer mix.
(262) 672-8388 Call to check price and availability
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