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Value Add Medical Office 4015-4059 W Dublin-Granville Rd
50,020 SF 92% Leased Office Building Dublin, OH 43017 $12,851,215 CAD ($256.92 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 92% of building is leased through 2033.
- Completed PACE energy efficiency project which provides some tax abatement.
EXECUTIVE SUMMARY
STONERIDGE MEDICAL & OFFICE CENTER
Cap Rate: 7% at current occupancy, 8.2% at 100% occupancy
Investment Highlights:
Medical office with upside through continued expansion of tenant into the last remaining space. They started in a portion of the building and have consistently expanded. Reach Educational Services has a lease through 2033 and occupies 43,400 SF. Reach Educational Services provides Applied Behavior Analytic (ABA) services to children and adolescence throughout Central Ohio with special needs specializing in autism and associated learning and behavioral differences.
Property Description:
Visible to 23,000 vehicles per day on Dublin-Granville Rd.
Monument signage on Dublin-Granville Rd.
Adjacent to new $300MM Dublin Bridge Park Development.
Minutes to Dublin Methodist Hospital.
90.5% of building is leased through 2033.
Newer Roof (within the last 7 years).
Nearly all HVAC units recently replaced and added solar power and LED lights.
Completed PACE energy efficiency project which provides some tax abatement.
Area Description:
The property is located in Dublin, Ohio, one of the top communities in Central Ohio, and only 25 minutes to new Intel Plant. https://dublinohiousa.gov/
Well located between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270
interchange.
It is home to more than 20 corporate headquarters, an entrepreneurial center, thousands of thriving businesses from start-ups to international corporations, worldclass events and the urban, walkable Bridge Street District.
Dublin’s diverse and sound economic base provides the foundation for the present and future stability of the City.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Services
-
99,999 SF
- -
-
Jan 0000
Reach Educational Services is a leading Applied Behavior Analysis (ABA) company dedicated to empowering individuals and transforming lives through evidence-based interventions. With a deep commitment to the highest ethical standards and a person-centered approach, they specialize in providing tailored clinic-based ABA services to meet the unique needs of each individual they serve. Their team of skilled and compassionate behavior analysts is passionate about making a positive impact, whether it's supporting children with developmental challenges, individuals with behavioral disorders, or fostering independence in those with learning difficulties. Through data-driven decision-making and a collaborative spirit, they strive to create a nurturing and inclusive environment where clients can thrive and reach their fullest potential. At Reach, they believe in the power of ABA to create lasting change and improve the quality of life for their clients and their families.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Services | 99,999 SF | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
2025 operating expenses $8.56 PSF excludes utilities and janitorial. Well located in Dublin between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270 interchange. Visible to 23,000 vehicles per day on Dublin-Granville Rd Adjacent to new $300MM Dublin Bridge Park Development Minutes to Dublin Methodist Hospital Existing medical office and office space available Many recent upgrades including new HVAC including ionization for clean air, LED lights and solar.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,939 SF | Office/Medical | Partial Build-Out | Now |
1st Floor
| Size |
| 3,939 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,939 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
2025 operating expenses $8.56 PSF excludes utilities and janitorial. Well located in Dublin between Sawmill Rd and US 33; 1 mile to Sawmill Rd/I-270 interchange. Visible to 23,000 vehicles per day on Dublin-Granville Rd Adjacent to new $300MM Dublin Bridge Park Development Minutes to Dublin Methodist Hospital Existing medical office and office space available Many recent upgrades including new HVAC including ionization for clean air, LED lights and solar.
PROPERTY TAXES
| Parcel Number | 273-008296 | Improvements Assessment | $348,822 CAD |
| Land Assessment | $664,911 CAD | Total Assessment | $1,013,733 CAD |
PROPERTY TAXES
Presented by
Value Add Medical Office | 4015-4059 W Dublin-Granville Rd
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