1069 Delaware AveMarion, OH 43302

Property Details for 1069 Delaware Ave

Year built

1995

Lot size

1.49 AC

Property type

Medical offices

Property subtype

Medical centers

APN

12-341020.0601

APU

123410200601

Description

This exceptional medical office building offers three available suites ranging from 1,505 to 2,090 square feet, perfectly situated in Marion County, Ohio. The single-story building boasts excellent visibility and accessibility, enjoying prominent frontage on Delaware Parkway, conveniently located just outside OhioHealth Marion General Hospital. This strategic location ensures high patient traffic and strong brand recognition. The property features a desirable mix of co-tenants, including established medical practices such as OhioHealth, Children's Hospital, and primary care physicians, creating a collaborative and thriving medical environment. The building's single-story design provides easy navigation and accessibility for patients and staff. Potential tenants will benefit from the opportunity to customize their space with available tenant improvement options, allowing for the creation of a functional and aesthetically pleasing office environment tailored to their specific needs. This is an unparalleled opportunity to establish or expand a medical practice in a high-demand location with a strong existing medical community. The suites are available for lease, offering a flexible and adaptable space to meet the requirements of various medical specialties. Interested parties are encouraged to inquire for further details and leasing information. The property's prime location and established medical presence make it an ideal investment for healthcare professionals seeking a thriving and convenient location for their practice.

• CAP approach

  CAP return

  Valuation

  6%

  $9,592,001

  6.5%

  $8,854,154

  7%

  $8,221,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,067,098

  Geo Method

  $6,067,098

• Alternative Use

  Use

  Valuation

  Residential

  $10,979,151

  Hospitality

  $10,056,844

  Educational

  $8,367,176

  Medical

  $8,654,936

  Retail

  $13,015,607

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5702

Longitude

-83.1234

CBSA code

32020

CBSA name

MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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