Medical Office Building | Marion, OH
Sands Investment Group is Pleased to Present Exclusively For Sale the 14,000 SF Medical Office Building Multi-Tenant Asset Located at 125 Executive Drive in Marion, Ohio. The Property Features a Diverse Mix of Medical and Professional Tenants With an Established History in the Building, Providing For a Secure Investment.
- DESIRABLE MIX OF MEDICAL AND PROFESSIONAL TENANTS: The Property Features a Diverse Mix of Medical and Professional Tenants With an Established History in the Building
- OFFERED BELOW REPLACEMENT COST: At the Current List Price, the Property is Being Offered at a Value Below $100 / SF – Well Below the Replacement Cost For Any Commercial Building
- VALUE-ADD POTENTIAL: More Than Half of the Current Tenant Roster Occupies Space on Shorter Term Leases at Well Below Market Rents Providing a New Owner the Opportunity to Increase Rental Rates or Reposition Spaces Through a Strategic Leasing Program
- STRATEGIC LOCATION: The Property is Strategically Situated in a Master-Planned Commercial Park Next to Other Well-Known Commercial and Medical Tenants Improving the Likelihood of Renewal and Future Leasing Viability
- ECONOMIC DEVELOPMENT IN MARION: Marion is Centrally Located in Ohio and Will be the Home of a New 3,617,000 SF Industrial Park With CSX & Union Pacific Rail Service to All Major Logistics Hubs in the State
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224
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