1301 W 1st St 3,600 SF Office Building Springfield, OH 45504 $1,500,000 ($416.67/SF)

Commercial property available for lease (rear unit only) or for sale (entire property). The lease offering consists of the rear building/unit only. The front portion of the property is currently leased to an existing tenant and is not available for lease. This current lease ends 6/30/2028 with an increase yearly on the monthly installments. The rear unit includes a large open area, reception/waiting area, five (5) private offices, and two (2) full bathrooms with showers. The space also features both side and rear entrances. Lease rate is $15.00 per square foot per year. Lease type (NNN, modified gross, or gross), term, tenant improvements, CAM charges, utilities, maintenance, and other terms are subject to negotiation and will be defined in a fully executed lease agreement. The entire property is also offered for sale at $1,500,000. The front unit is currently leased. The rear unit is currently vacant. All existing leases will remain in place at closing, subject to their terms and conditions. Financial information, rent roll, and lease documents are available to qualified purchasers upon request and may require a signed confidentiality agreement. Property is located on a high-traffic roadway with surrounding commercial uses.