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Property profile & analytics
OFF-MARKET
Parking lots & garages

4050 Britton Pkwy Hilliard, OH 43026

9,496 SF 3.26 ac lot Built 1981
Entity Owned ~ Est. High Equity
Property ID
US66-0931375
Property summary
AI-generated overview

This exceptional investment opportunity presents a newly constructed, 13,687 square foot, state-of-the-art 24/7 animal emergency and specialty care hospital in Hilliard, Ohio, a suburb of Columbus. The property boasts a 15-year absolute NNN lease with MedVet Associates, LLC, a leading specialty healthcare provider for pets, commencing January 1, 2025. The lease features three 5-year renewal options and attractive 1.7% annual rent increases. The building, completed in 2024, offers advanced technology including CT, dedicated surgical suites, digital radiograph, endoscopy, and point-of-care ultrasound. Situated on a 3.26-acre lot with 72 parking spaces, the single-story building is zoned as Planned Unity Development District (PUD). The property enjoys a 100% occupancy rate, generating a strong NOI of $933,159 and a 6.00% cap rate. The asking price is $15,552,650, translating to $1,136.31 per square foot. This represents a secure, long-term investment in a rapidly growing market, anchored by a financially strong, reputable tenant with a significant presence in the Columbus metropolitan area. The property is located at 4050 Britton Pkwy, Hilliard, OH 43026, within the Columbus MSA, and benefits from its proximity to other MedVet facilities. This is a fee-simple ownership opportunity with a corporate guarantee.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1981
Total area 9,496 SF
Lot 3.26 ac (142,006 SF)
APN 050-003176
UPID US66-0931375
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Hilliard Fk LLC
Hilliard Fk LLC
since 2025
Last sale
$13.6M
7 recorded transactions
2025
$13.6M
2024
$1.9M
2019
Price N/A
2018
Price N/A
2017
$1.5M
2011
$900,000
2004
$2.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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