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201 N Yellow Springs St
Springfield, OH 45504
BrightView Health - Springfield, OH · Office Property For Sale
INVESTMENT HIGHLIGHTS
- BrightView is an addiction treatment center that combines medical treatment with psychological therapy and social services.
- BrightView operates over 75 locations in 5 states: Ohio, North Carolina, Kentucky, Virginia, and Maryland.
- Located across the street from Mercy Health - Springfield Regional Medical Center.
- Double net (NN) lease with just under 3 years remaining on a 9-year term, featuring two 5-year extension options
- The building is 6,600 SF and was completely renovated in 2019.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively present the 6,600 SF BrightView property at 201 North Yellow Springs Street in Springfield, OH. Completely renovated in 2019, this turnkey asset is backed by a strong tenant with just under 3 years remaining on a 9-year lease and two additional 5-year renewal options - offering investors long-term
stability and income potential.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Sco Reid - Lic. OH #BRKP.2020001224
stability and income potential.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Sco Reid - Lic. OH #BRKP.2020001224
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,600 SF
Building Class
C
Year Built/Renovated
2002/2019
Price
$1,465,000
Price Per SF
$221.97
Cap Rate
7.65%
NOI
$112,032
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,600 SF
Slab To Slab
14’
Building FAR
0.21
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
CC-2 - Office and Retail
Parking
49 Spaces (7.42 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 34-00600-00542-0033 | Improvements Assessment | $225,190 |
| Land Assessment | $43,450 | Total Assessment | $268,640 |
PROPERTY TAXES
Parcel Number
34-00600-00542-0033
Land Assessment
$43,450
Improvements Assessment
$225,190
Total Assessment
$268,640
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