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2323 Sunset Blvd
Steubenville, OH 43952
Valley Surgery Center · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Passive NNN Investment – Landlord will benefit from a “hands-off” investment where the tenant takes care of all taxes, insurance, and maintenance
  • Robust Growth in Outpatient Surgery – Ambulatory Surgical Centers perform more than half of all US outpatient surgical procedures
  • Medicare-Certified – This property is Medicare-certified, opening it up to a much broader client base and payer mix
  • Advantageous Return – Over the 5+ years remaining of base term, this opportunity will allow investors to receive an average cap rate of 8.15%
  • Nearby Medical Hub – The Valley Surgery Center is in a healthcare hub, strategically located with several medical properties nearby
  • Strong Demand for Outpatient Surgery – The trend to develop outpatient surgical centers is increasing given the cost-effectiveness and convenience

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
10,993 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,993 SF
Building FAR
0.30
Lot Size
0.85 AC
Parking
20 Spaces (1.81 Spaces per 1,000 SF Leased)

AMENITIES

  • Reception
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-08293-000
Land Assessment
$32,988
Improvements Assessment
$404,597
Total Assessment
$437,585
  • Listing ID: 28894523

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 2323 Sunset Blvd, Steubenville, OH 43952

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