2355 Derr Rd
Springfield, OH 45503
Derr Medical Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Sticky Surgery Center Investment: Medical practices and specifically surgery centers rarely relocate due to high build-out costs
- Diversified Tenant Base: The building is occupied by four tenants, Compunet Clinical Laboratories, Horizon Infusions, Gastro Care
- Inflationary Protected Leases: The leases all feature 2% or 3% rent increases annually, providing investors with growing cash flow
- Strategic Location: Springfield, Ohio is strategically located within 500 miles of 60% of the U.S. population
- Nearby Medical Properties: The building is located within a short drive of the Springfield Regional Medical Center, The Forest Glen Health Campus
PROPERTY FACTS
Property Type
Office
Building Size
15,470 SF
Building Class
C
Year Built/Renovated
1974/2017
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,470 SF
Building FAR
0.08
Lot Size
4.39 AC
Parking
30 Spaces (1.94 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 34-00300-02531-3023 | Improvements Assessment | $543,750 |
| Land Assessment | $91,130 | Total Assessment | $634,880 |
