4064-4074 Gantz Rd Grove City, OH 43123
- Office Properties & Spaces
- 17,387 SF
- 2.02 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4064-4074 Gantz Rd
- Lot size
- 2.02 lot acres
- Property size
- 17,387 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grove City
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0554
- Latitude
- 39.8795
