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Property profile & analytics
OFF-MARKET
Office Spaces

4064-4074 Gantz Rd Grove City, OH 43123

17,387 SF 2.02 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 17,387 SF
Lot 2.02 ac (87,991 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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