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Multi-Suite Medical Office Buildings
For Lease
$1,000,000

4214 Grand Avenue, Middletown, OH 45044

Two medical buildings offer a range of suite configurations, with access to Interstate 75 approximately two miles away.

Space Size1,657 SF
Property Size24,291 SF
Lot Size2.21 Acres
Days on Market1061

Property Features for 4214 Grand Avenue

General Information

Standard status Active
Size 1,657 SF
Net Rentable 1,657 SF
Lot size 2.21 Acres
Zoning Commercial

Space & Availability

Available Space 1,657 SF
Divisible Yes
Space Use Medical Office

Additional Details

Highway Access Yes

Building Details

Building Size 24,291 SF
Year Built 1966
Listing Agency: Republic Commercial Real Estat
Listed By: Nicholas D Barela
Source: Falgnerrealty
Added: Nov 28, 2023 Changed: Oct 23 Last Checked: Oct 23 at 4:21PM

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 Republic Commercial Real Estat

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Investment Insights

Based on property information with market context.

Two medical office buildings occupy five parcels totaling 2.2088 acres. The front building contains approximately 1,791 square feet, while the rear building provides 22,500 square feet of existing medical space. Together, the buildings total 24,291 square feet, and the larger building is divided into four separate suites. Space can be divided to 1,657 square feet. The buildings were constructed in 1966 and are zoned Commercial.

The property is near the corner of S. Breiel Blvd. and Grand Ave., with Interstate 75 approximately two miles away.

Key Highlights

  • 24,291 square feet across two medical office buildings
  • Rear building contains 22,500 SF and is divided into four suites
  • Front building includes approximately 1,791 SF of medical space

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Bakery (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby
Well-served
Demand for This Use

Demographics for 45044, OH

56,128
Population
21,645
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
37.8 sq mi
ZIP Area
1,485
Density / Sq Mi
$71,942
Median Household Income
$40,568
Median Earnings
$1,034
Median Rent
$230,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Monroe Family Pet Hospital — 3301 Heritage Green Dr, Monroe, OH 45050

Frequently Asked Questions

What type of property is this?
Medical Office Space - Two medical buildings offer a range of suite configurations, with access to Interstate 75 approximately two miles away.
Where is this medical office space located?
The property is located at 4214 Grand Avenue Middletown, OH.
What is the lease rate?
The lease rate is $1,000,000.
What are key features of this property?
This property features: 24,291 square feet across two medical office buildings; Rear building contains 22,500 SF and is divided into four suites; Front building includes approximately 1,791 SF of medical space
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