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5060-5080 BRADENTON Avenue, Dublin, OH 43017 (MLS# 216040353)


$2,500,000
5060-5080 BRADENTON Avenue
Dublin, OH 43017
MLS# 216040353
Status: Closed
15784 sqft


5060-5080 BRADENTON Avenue, Dublin, OH 43017
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5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017 5060-5080 BRADENTON Avenue, Dublin, OH 43017

Property Description
NET LEASE MEDICAL INVESTMENT OPPORTUNITY! Incredible Dublin Medical Market! These properties, service the high income Dublin market and offer great accessibility to I-270. The properties are listed at 7.05% Cap Rate. Average lease term for both buildings is five years and both buildings have long-term tenants in place. Rents are below market, providing tremendous upside. This is a great opportunity for an owner to acquire a net leased property with minimal management responsibilities. Leases are structured with rental increases providing a higher return in years to come.

Details
Location & Property Info
Original List Price: 2500000
Sold Price: $2,350,000
List Price/SqFt: 158.39
Sub-Type: Medical
Street #: 5060-5080
Street Name: BRADENTON
Street Suffix: Avenue
County: Franklin
City (Mailing Addr): Dublin
State: OH
Zip Code: 43017
Corp LimitPerAuditor: Dublin
Township: Washington
Office/Contract Info
Buy Brkr/Tenant Rep: Yes
BB/TR Amount: 2
BB/TR Amount Type: Percent
Sub Agency: No
Sold Non-MLS: No
Status: Closed
MLS Entry Date: 2016-11-10
For Sale: Yes
Exchange: No
For Lease: No
General Property Info
Total Available Sqft: 15784
Building Sqft: 15784
Max Cont Sqft Avail: 8484
Minimum Sqft Avail: 15784
# of Floors Above Gr: 1
Year Built: 1998
Tax Info
Parcel #: 273-010031-00
Zoning: PCD
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 273-010592-00
Tax Year: 2015
Taxes (Yrly): 31245
Status Change Info
Under Contract Date: 2017-07-26
Sold Date: 2017-10-04
Sold Price: $2,350,000
Sold Price/SqFt: 148.88
Income/Expenses
Gross Income: 176376
Total Expenses: 4000
Net Operating Income: 172376
Auction Info
Auction/Online BiddingY/N: No
Property Features
Addl Acceptance Cond: None Known
Building Type: Multi Tenant
MLS Primary PhotoSrc: Realtor Provided

Listing Office: The Robert Weiler Company

Listing Agent: Alexander Marsh

Last Updated: June - 05 - 2018


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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