1363 Wellness Dr Marion, OH 43302-6573

This fee-simple, single-story office building in Marion, Ohio presents a compelling investment opportunity. The property, totaling 7,932 square feet, sits on a 1.42-acre lot and boasts a Class B rating. Currently 100% occupied by the Social Security Administration under a 10-year lease (commencing August 12, 2024 and expiring August 11, 2034), this investment offers significant stability. The lease includes annual rent increases tied to the Consumer Price Index, mitigating inflation risk. The building, constructed in 2004, benefits from a strong tenant with a proven track record of long-term occupancy, having renewed their lease in August 2024. The location at 1363 Wellness Dr, Marion, OH 43302, provides convenient access to a substantial population base, with Columbus, Ohio, a major metropolitan area, located approximately one hour away. The asking price is $2,426,875, representing a strong 8.00% capitalization rate and a price per square foot of $305.96. The substantial Net Operating Income (NOI) of $194,150 further underscores the investment potential. The property's strategic location and the federal government lease guarantee minimize risk, making this a highly attractive investment opportunity. The property's large lot size also offers potential for future expansion.