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2816 W Troy
Springfield, OH 45504
OHIO VALLEY PRIMARY CARE · Office Property For Sale
Investment Highlights
- OHIO VALLEY PRIMARY CARE: The subject property is a 7,000-square-foot freestanding medical office building situated on a large 1.73-acre lot
- NEW LONG-TERM LEASE WITH ANNUAL INCREASES :The tenant signed a 10 year lease with two, five-year options to extend the term through 2044
- STRONG REGIONAL MEDICAL PRESENCE :Springfield serves as a regional healthcare destination anchored by Mercy Health Springfield Regional Medical Center
- DOUBLE NET PLUS LEASE STRUCTURE | LIMITED LANDLORD RESPONSIBILITY: Tenant assumes full responsibility for all operating expenses including CAM
- 2024 MAJOR RECENT RENOVATIONS COSTING OVER $565,000 :The tenant received a $225,000 Tenant improvement allowance in 2024
- LOCATED WITHIN SPRINGFIELD’S PRIMARY COMMERCIAL CORRIDOR: Located within proximity to many nationally recognized retailers, including Walmart, & more
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1994/2024
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,000 SF
Building FAR
0.11
Lot Size
1.42 AC
Zoning
Commercial - Designed to manage how land is used for business purposes, ensuring that commercial activities are appropriately situated within a community.
Parking
50 Spaces (7.14 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 05-00600-01800-0042 | Improvements Assessment | $260,910 |
| Land Assessment | $100,960 | Total Assessment | $361,870 |
Property Taxes
Parcel Number
05-00600-01800-0042
Land Assessment
$100,960
Improvements Assessment
$260,910
Total Assessment
$361,870
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