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Salem Regional Medical Center 48462 Bell School Rd 11,800 SF 100% Leased Office Building East Liverpool, OH 43920 $2,360,000 ($200/SF) 7.50% Cap Rate
Investment Highlights
- Double Net Lease Structure- Tenant Fully Responsible for Most Expenses Relating to the Property
- Rent Growth Over Base Term and Options- 5% Rental Increases in Year 3 and Year 5 2.5% Annual Rental Increases Throughout Option Terms
- Leased by Salem Regional Hospital System-Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive Med Services
- Purpose-Designed Construction- Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs
- Significant Capital in Landlord Work- +/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area
- Stable Annual Revenue Growth Supported By Diverse Inpatient And Outpatient Service Lines- Strategic Investment In Advanced Medical Technology
Executive Summary
Double Net Lease Structure
Tenant Fully Responsible for Most Expenses Relating to the Property
Purpose-Designed Construction
Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs
Rent Growth Over Base Term and Options
5% Rental Increases in Year 3 and Year 5
2.5% Annual Rental Increases Throughout Option Terms
Significant Capital in Landlord Work
+/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area
Leased by Salem Regional Hospital System
Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive
Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On Patient-Centered Treatment And Regional Health Improvement
Stable Annual Revenue Growth Supported By Diverse Inpatient And Outpatient Service Lines
Strategic Investment In Advanced Medical Technology Driving Operational Efficiency And Financial Performance
Strong Community-Based Funding, Partnerships, And Reimbursement Mix Enhancing Long-Term Financial Sustainability
Why This Location is Important
The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities, And Strengthens The System’s Ability To Deliver Convenient, Outpatient-Focused Services Closer To Where People Live And Work
Services Offers
Primary Care, Lab Services, and Convenient Care
Tenant Fully Responsible for Most Expenses Relating to the Property
Purpose-Designed Construction
Designed and Constructed as a Multi Specialty Clinic to Accommodate Specific Needs
Rent Growth Over Base Term and Options
5% Rental Increases in Year 3 and Year 5
2.5% Annual Rental Increases Throughout Option Terms
Significant Capital in Landlord Work
+/- $100,000 for New Floors, Cabinets, Faucets, Paint and Toilets in Exam Rooms and Common Area
Leased by Salem Regional Hospital System
Salem Regional Medical Center Is A Community-Focused Healthcare System Providing Comprehensive
Medical Services Through Modern Facilities, Diverse Care Programs, And A Strong Emphasis On Patient-Centered Treatment And Regional Health Improvement
Stable Annual Revenue Growth Supported By Diverse Inpatient And Outpatient Service Lines
Strategic Investment In Advanced Medical Technology Driving Operational Efficiency And Financial Performance
Strong Community-Based Funding, Partnerships, And Reimbursement Mix Enhancing Long-Term Financial Sustainability
Why This Location is Important
The New Calcutta Location Is Important For Salem Regional Medical Center Because It Expands Access To High-Quality Healthcare In A Growing Area, Reduces Travel Time For Patients In Surrounding Communities, And Strengthens The System’s Ability To Deliver Convenient, Outpatient-Focused Services Closer To Where People Live And Work
Services Offers
Primary Care, Lab Services, and Convenient Care
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
11,800 SF
Building Class
B
Year Built/Renovated
2001/2026
Price
$2,360,000
Price Per SF
$200
Cap Rate
7.50%
NOI
$177,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,800 SF
Building FAR
0.09
Lot Size
3.00 AC
Zoning
Commercial
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6100852008 | Improvements Assessment | $339,150 |
| Land Assessment | $26,250 | Total Assessment | $365,400 |
Property Taxes
Parcel Number
6100852008
Land Assessment
$26,250
Improvements Assessment
$339,150
Total Assessment
$365,400
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Salem Regional Medical Center | 48462 Bell School Rd
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