31 Clark Street, Wilmington, OH 45177

Building Details

Year Built

2025

Listing office d***@passovgroup.com Show Phone

Listing date Jun 25, 2026

Source Passovgroup

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 Dan Lariccia

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Overview

This brand new United States Veterans Affairs Outpatient Center is scheduled for delivery to the Tenant on April 1, 2025. The offering includes a 15-year lease with no options to terminate, along with 2.5% annual increases in operating expenses. The United States Government will invest nearly $2M of its own funds for tenant improvement build-out, supporting the healthcare facility’s initial fit-out under the lease structure.

The site was selected by the VA’s selection committee, with the remarks citing its central location in Clinton County and nearby dining, banking, and shopping amenities.

For qualified buyers and investors, the property’s primary appeal is its long-term, government-backed tenancy and lease structure, including built-in operating expense increases. The seller also positions the asset as an ideal 1031 exchange property, and the public remarks cite a 7.25% cap rate.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Wilmington

County

Clinton

State

Ohio

Longitude

-83.820867

Latitude

39.4453597

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FAQs

What type of property is this?

Medical center - New United States Veterans Affairs outpatient center delivered April 1, 2025 under a 15-year government lease.

Where is this medical center located?

The property is located at 31 Clark Street Wilmington, OH.

What is the asking price?

The asking price for this property is $3,988,000.

What are key features of this property?

This property features: New VA outpatient center, year built 2025, delivered to the tenant on April 1, 2025; 15‑year lease to the United States government with no options to terminate; Lease includes 2.5% annual increases in operating expenses