Medical/Office Building with Drive
4099 Trueman Blvd, Hilliard, OH 43026
For Sale
Contact for pricing
Standalone medical/office building with drive-thru in Hilliard, OH.
Property Size3,234 SF
Price / SF$276.75
Days on Market233
Property Features for 4099 Trueman Blvd
General Information
Standard status
Size
Property subtype
Investment Type
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
Roth Real Estate Group
Listed By:
Andy Patton · License OH #2001021908
(614) 371-5754
Source:
Crexi
Added: Mar 24
Changed: Oct 26
Last Checked: Nov 10 at 5:39AM
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 Roth Real Estate Group
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Investment Insights
Based on property information with market context.
This standalone building in Hilliard, OH, offers 3,234 square feet of space suitable for medical or office use. A distinctive feature of this property is its drive-thru, potentially enhancing accessibility and convenience for certain business operations. The property is classified under medical office space, general office spaces, retail spaces, and other commercial real estate categories, offering versatility for various business models.
Key Highlights
- Standalone medical / office building
- Convenient drive thru access
- Located in Hilliard, OH
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,817
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,340
$796.3K
Cap Rate 7%
$568,814
$568.8K
Cap Rate 9%
$442,411
$442.4K
Market Conditions
NOI Build-Up for 3,234 SF
Gross rent
$69.9K $21.60/SF
− Vacancy
−$16.8K −$5.18/SF
EGI
$53.1K $16.42/SF
− OpEx
−$13.3K −$4.10/SF
NOI
$39.8K $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%
$796,340
Cap Rate 7%
$568,814
Cap Rate 9%
$442,411
Alternative Uses
Best Use
Office B
$568.8K
$497.7K – $663.6K
NOI $39,817 @ 7.0% cap · market cap 4.45%
Second Best
Healthcare Medical
$457.2K
$400.1K – $533.5K
NOI $32,007 @ 7.0% cap · market cap 3.58%
Theoretical Best
Specialty Retail
$659.3K
$576.9K – $769.2K
NOI $46,152 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43026, OH
64,607
Population
25,671
Households
2.5
Avg Household Size
35
Median Age
55%
College-Educated
96%
High-School Grad
35.3 sq mi
ZIP Area
1,830
Density / Sq Mi
$110,369
Median Household Income
$59,770
Median Earnings
$1,430
Median Rent
$324,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Franklin County, OH
Properties on Market for Medical Office Space in Franklin County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- New Directions — 3632 Fishinger Blvd, Hilliard, OH 43026
- Tams Todd DVM — 3660 ridge mill dr, hilliard, oh 43026
- VCA Mill Run Animal Hospital — 3660 Ridge Mill Dr, Hilliard, OH 43026
Frequently Asked Questions
What type of property is this?
Medical Office Space - Standalone medical/office building with drive-thru in Hilliard, OH.
Where is this medical office space located?
The property is located at 4099 Trueman Blvd Hilliard, OH.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Standalone medical / office building; Convenient drive thru access; Located in Hilliard, OH
