Dental Office in Ledgestone
18 Remick Blvd Springboro, OH 45066
18 Remick Blvd, Springboro, OH, 45066
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For Sale
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Dental office for sale or lease in Springboro, Ohio.
Property Size3,000 SF
Price / SF$165
Days on Market668
Property Features for 18 Remick Blvd
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Office
Listing Agency
Our Corporate Real Estate Department
(937) 361-9461
Listed by
Jordan Romberger · License #OH SAL.2004015451
Source
Crexi
Added: Sep 18, 2024 Checked: Jul 16 at 5:58 am
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 Our Corporate Real Estate Department
Investment Insights
Based on property information with market context.
This 3,000 square foot dental office is available for sale or lease within the Ledgestone Professional Park. The floor plan includes a waiting area, a check-in and check-out desk with space for staff, a patient restroom, a staff restroom, four treatment rooms, two offices that can be converted to treatment rooms, labs, a break room, and storage. The lease rate is $19.00 per square foot, plus utilities. This dentist office condominium is located in Springboro, Ohio.
Key Highlights
- Turnkey dental office ready for immediate operation.
- Functional floor plan with waiting area, reception, 4 treatment rooms, and 2 offices (convertible to treatment rooms).
- Includes patient and staff restrooms, labs, break room, and ample storage.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.1k | $26.04 |
| − Vacancy | −$4.7k | −$1.56 |
| EGI | $73.4k | $24.48 |
| − OpEx | −$29.4k | −$9.79 |
| NOI | $44.1k | $14.69 |
3,000 SF · lease $26.04/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$629.4K
$550.8K – $734.3K
NOI $44,060 @ 7.0% cap · market cap 8.90%
Second Best
Office B
$554.6K
$485.3K – $647.0K
NOI $38,821 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$670.1K
$586.3K – $781.8K
NOI $46,907 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Meclosky Mark DDS
Dental Office
Ledgestone Dental
Dental Office
Dr. Rhett Olsen
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Bigger Road Veterinary Center — 718 N Main St, Springboro, OH 45066
FAQs
What type of property is this?
Medical Office Space - Dental office for sale or lease in Springboro, Ohio.
Where is this medical office space located?
The property is located at 18 Remick Blvd Springboro, OH.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Turnkey dental office ready for immediate operation.; Functional floor plan with waiting area, reception, **4 treatment rooms**, and 2 offices (convertible to treatment rooms).; Includes patient and staff restrooms, labs, break room, and ample storage.
