20 University Estates Blvd | Athens, OH 45701
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20 University Estates Blvd
Athens, OH 45701
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Located in Athens, home to Ohio University (21,000 students)
- 2.5% annual rental increases in the primary term & renewal options
- Proven successful location with an established patient base and reputation in the community
- Long-term lease with 10+ years remaining
- New 10-year lease extension demonstrating tenant’s commitment to the property
- Triple net lease with the tenant responsible for all property maintenance and operating expenses
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
13,602 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,602 SF
Building FAR
0.13
Lot Size
2.33 AC
Zoning
Commercial
Parking
60 Spaces (4.41 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | A02-74000076-01 | Improvements Assessment | $503,360 |
| Land Assessment | $52,640 | Total Assessment | $556,000 |
PROPERTY TAXES
Parcel Number
A02-74000076-01
Land Assessment
$52,640
Improvements Assessment
$503,360
Total Assessment
$556,000
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