4015 W Dublin Granville Rd, Dublin, OH 43017
For Sale
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This exceptional two-story, 50,020 square foot Class B medical office building presents a compelling value-add investment opportunity in Dublin, Ohio. Boasting a 90.5% occupancy rate with a single, long-term tenant—Reach Educational Services—under a net lease extending through 2033, this property offers significant upside potential. The building features a newer roof (installed within the last seven years), nearly all HVAC units have been recently replaced, and energy-efficient upgrades including solar power and LED lighting have been implemented. A completed PACE energy efficiency project provides tax abatement. The property sits on a five-acre lot with prominent monument signage on Dublin-Granville Road, enjoying high visibility to 23,000 vehicles daily. Its strategic location near the new $300 million Dublin Bridge Park Development and Dublin Methodist Hospital further enhances its appeal. The asking price is $8,950,000, representing a 7.00% cap rate at current occupancy and a pro-forma cap rate of 8.20% at 100% occupancy. Lease options are available. The property is zoned BSD-O. This is a rare opportunity to acquire a stable, high-performing asset with substantial growth prospects in a thriving Ohio market. The tenant provides Applied Behavior Analytic (ABA) services.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
4015 · Dublin, OHDublin. Always verify with local authorities before improvements.
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.