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Fully Leased Office Building

7130-7150 Office Park Dr, West Chester, OH

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Professional office building in Liberty Township, fully leased to tenants.

Type:OFFICE

Property size:

14,008 SF

Lot size:

1.48 Acres

Price / SF:

$165/SF

HighLights

Fully leased professional office building
Located in Liberty Township on the border of West Chester
Tenants include Union Home Mortgage, American Fidelity, Allergy & Asthma Associates, Cranial Pain Solution, & Benchmark Human Services
Professional office building
Located in Liberty Township
Located on the border of West Chester

We can help!

Listing Contact

Marshall Stretch

Learn more

For Sale

Contact for pricing

Professional office building in Liberty Township, fully leased to tenants.

Type:OFFICE

Property size:

14,008 SF

Lot size:

1.48 Acres

Price / SF:

$165/SF

Added:: Jan 17, 2024
Days on Market:: 880
Last Refresh:: May 20 at 9:45 pm

Property Features for 7130-7150 Office Park Dr

General Information

Standard status: Active
Size: 14,008 SF
Lot size: 1.48 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Marshall Stretch

Listing agent Marshall Stretch License #OH 2008004113

Listing office North Ridge Realty Group

Listing date Jan 17, 2024

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 North Ridge Realty Group

HighLights

Fully leased professional office building
Located in Liberty Township on the border of West Chester
Tenants include Union Home Mortgage, American Fidelity, Allergy & Asthma Associates, Cranial Pain Solution, & Benchmark Human Services
Professional office building
Located in Liberty Township
Located on the border of West Chester

Overview

This is a fully leased professional office building situated in Liberty Township, near the border of West Chester. The building's tenants include Union Home Mortgage, American Fidelity, Allergy & Asthma Associates, Cranial Pain Solution, and Benchmark Human Services. The property has a size of 14,008 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$235.3k	$16.80
− Vacancy	−$59.5k	−$4.25
EGI	$175.8k	$12.55
− OpEx	−$43.9k	−$3.14
NOI	$131.8k	$9.41

14,008 SF · lease $16.80/SF/yr · vacancy 25.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.88M

$1.65M – $2.20M (±1% cap)

NOI $131,846 @ 7.0% cap · market cap 5.67%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.51M

$2.20M – $2.93M (±1% cap)

NOI $175,795 @ 7.0% cap · market cap 7.56%

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

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: West Chester
County: Hamilton
State: Ohio
Longitude: -84.4068
Latitude: 39.342

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For sale
Office buildings
OH
West Chester
7130-7150 Office Park Dr

What type of property is this?

Office building - Professional office building in Liberty Township, fully leased to tenants.

Where is this office building located?

The property is located at 7130-7150 Office Park Dr West Chester, OH.

What is the asking price?

The asking price for this property is $2,325,000.

What are key features of this property?

This property features: Fully leased professional office building; Located in Liberty Township on the border of West Chester; Tenants include Union Home Mortgage, American Fidelity, Allergy & Asthma Associates, Cranial Pain Solution, & Benchmark Human Services

7130-7150 Office Park Dr, West Chester, OH

Professional office building in Liberty Township, fully leased to tenants.

Property Features for 7130-7150 Office Park Dr

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Level Office Condo with Dedicated Parking

Multi-Tenant Professional Office Building

West Chester Office/Retail Space

Warehouse with Adjacent Office

West Chester Office Building For Sale

High-Visibility Office Suite

West Chester Commercial Space Available

West Chester Freestanding Industrial Building

West Chester Industrial Property

West Chester Warehouse Near Interstates

West Chester Office Suite

West Chester Industrial Space

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