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Dublin Medical Office Building For Sale
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5130 Bradenton Ave, Dublin, OH 43017

Freestanding medical office building in Dublin, Ohio.

Property Size8,341 SF
Price / SF$251.77
Days on Market740

Property Features for 5130 Bradenton Ave

General Information

Standard status Active
Size 8,341 SF
Property subtype Office
Investment Type Owner/User

Building Details

Year Built 2001
Stories 1
Tenancy Multi
Listing Agency: Allied Real Estate Advisors
Listed By: Ross Lanford · License #SAL.2006002024
Source: Crexi
Added: Sep 27, 2024 Changed: Sep 28 Last Checked: Oct 5 at 5:36PM

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 Allied Real Estate Advisors

Investment Insights

Based on property information with market context.

Located in Dublin, Ohio, 5130 Bradenton Avenue is a freestanding, single-story, multitenant medical office building. The property contains two office condos available for lease. The building is strategically located within a medical office corridor, offering convenient access to Interstate 270, retail centers, restaurants, and fitness facilities. Nearby retailers include Longhorn Steakhouse, Chipotle, Chick-fil-A, P.F. Chang’s, Walmart, Best Buy, and World Market. The property size is 8341 square feet.

Key Highlights

  • Located in a prominent medical office corridor in Dublin, Ohio.
  • Freestanding, single‑story, multitenant building.
  • Two office condos available for lease.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$102,694
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,053,880 $2.1M
Cap Rate 7%
$1,467,057 $1.5M
Cap Rate 9%
$1,141,044 $1.1M
Market Conditions
NOI Build-Up for 8,341 SF
Gross rent
$180.2K $21.60/SF
− Vacancy
−$43.2K −$5.18/SF
EGI
$136.9K $16.42/SF
− OpEx
−$34.2K −$4.10/SF
NOI
$102.7K $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%
$2,053,880
Cap Rate 7%
$1,467,057
Cap Rate 9%
$1,141,044

Alternative Uses

Best Use
Office B
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,694 @ 7.0% cap · market cap 4.89%
Second Best
Healthcare Medical
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,552 @ 7.0% cap · market cap 3.93%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,034 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Knox Community Hospital ... Medical Clinic Quest Diagnostics Medical Clinic Kyle A. Keller MD Physician Laura Stimpert Physician Avathar Smucker Physician

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43017, OH

43,619
Population
16,819
Households
2.6
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
16.1 sq mi
ZIP Area
2,709
Density / Sq Mi
$133,116
Median Household Income
$67,448
Median Earnings
$1,563
Median Rent
$475,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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  • The Ohio State University Veterinary Medical Center at Dublin URGENT CARE — 5020 Bradenton Ave, Dublin, OH 43017

Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding medical office building in Dublin, Ohio.
Where is this medical office space located?
The property is located at 5130 Bradenton Ave Dublin, OH.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Located in a prominent medical office corridor in Dublin, Ohio.; Freestanding, single‑story, multitenant building.; Two office condos available for lease.
(614) 906-5757 Call to check price and availability
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