517 3rd Ave
Chesapeake, OH 45619

$1,400,000 USD

Medical For Sale • 8,400 SF

Property Details

Property Type Medical
Total Building Size 8,400 SF
Lot Size 0.36 AC
Building Class B
Year Built 2001
Cap Rate 8.43 %
Tenancy Single

0 Transit Score

31 Walk Score

                
                    Highlights
                
                                NNN lease with minimal landlord responsibilities and 2% annual rent increases
                            
                                Tenant operates six locations across Lawrence County
                            
                                Only three miles from Cabell Hunting Hospital (Ranked top 100 hospital in 2023) and multiple other medical institutions
                            
                                Strategically located off Hwy-527 with 14,800+ VPD
                            
                                RRS Ohio strategically signed a 12-year lease in 2021 to serve as a larger replacement location for its then existing outpatient clinic in South Point