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8731-8745 Union Centre Blvd
West Chester, OH 45069
Office Property For Sale
PROPERTY FACTS
ABOUT 8731-8745 UNION CENTRE BLVD , WEST CHESTER, OH 45069
Marcus & Millichap is pleased to present the Wellington (Mercy Health) Professional Building located at 8731-8745 Union Centre boulevard, West Chester, Ohio. The Offering consists of a 20,231 square-foot, multi-tenant medical office building situated on approximately 2.5 acres in West Chester Township, a densely populated suburb of Cincinnati, Ohio. The subject property benefits from an exceptional location in a vibrant, high growth, affluent suburban market. Mercy Health operates with Wellington Orthopaedic & Sports Medicine, and serves as the anchor tenant. Mercy Health is one of the top five Catholic health systems in the U.S. and has committed to a new ten-year extension, with annual rent increases. The property is also poised for a value-add opportunity, allowing a core investor to potentially add more than $50,000 in annual income from securing tenancy for the remaining 3,524 square-foot vacant space. West Chester Township is one of the thirteen townships of Butler County, Ohio, United States, located in the southeastern corner of the county. It is situated between Sharonville and Liberty Township, about 18 miles north of Cincinnati, and is included in the Cincinnati Metropolitan Area. Exits 19, 21 and 22 off Interstate 75 serve West Chester. It is the most populous township in Ohio, with an estimated population at the 2016 census of more than 61,000. The township is part of the Butler county submarket in the Cincinnati metropolitan statistical area (MSA), spanning fifteen counties and ranked 28th largest in population. Cincinnati MSA benefits from being home to many Fortune 500 corporate headquarters, such as, Kroger, Procter & Gamble, Macy’s, AK Steel, Fifth Third Bank, American Financial, Cincinnati Financial, and Vantiv. According to a research study carried out by the University of Cincinnati, Cincinnati MSA was found to have more Fortune 500 companies per capita than New York, LA or Chicago. Dubbing the Queen City as the king of the Midwest for Fortune 500 companies.
PROPERTY TAXES
| Parcel Number | M5620-470-000-009 | Improvements Assessment | $0 |
| Land Assessment | $10,300 | Total Assessment | $10,300 |
PROPERTY TAXES
