4064-4074 Gantz Rd Grove City, OH 43123
This exceptional investment opportunity presents a fully occupied, multi-tenant medical office condo complex in Grove City, Ohio. The property comprises two buildings totaling 17,387 square feet situated on a 2.02-acre lot. Currently boasting 100% occupancy, the property generates a strong net operating income (NOI) of $292,679, resulting in a 6.00% capitalization rate. The asking price is $5,000,000. Flexible floor plans allow for tenant build-outs, catering to diverse medical practices. The property benefits from prominent monument signage on Gantz Road, ensuring high visibility. Its strategic location offers easy access to major highways (I-270 and I-71), OhioHealth Grove City Methodist Hospital, Mt. Carmel Hospital, and both Rickenbacker International Airport and John Glenn International Airport. The property consists of two parcels: 4064-4074 Gantz Rd (9,287 sq ft, APN 040-008775-00) and 4084-4094 Gantz Rd (8,100 sq ft, APN 040-013661-00). This is a rare opportunity to acquire a high-performing, well-located medical office complex in a thriving suburban market. The net lease structure provides a stable income stream, making it an attractive investment for discerning buyers. The property's prime location in Grove City, a suburb of Columbus, Ohio, offers residents and businesses a high quality of life with the convenience of metropolitan living and the charm of a small town. Abundant shopping and dining options are within minutes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.