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517 3rd Ave
Chesapeake, OH 45619

$1,200,000 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 9.83 %
  • Tenancy Single
0 Transit Score
46 Walk Score

Highlights

Absolute NNN lease with zero landlord responsibilities and 2% annual rent increases
Only three miles from Cabell Hunting Hospital (Ranked top 100 hospital in 2023) and multiple other medical institutions
RRS Ohio signed a 12-year lease in 2021 to serve as a larger replacement location for its then existing outpatient clinic in South Point
Strategically located off Hwy-527 with 14,800+ VPD
Located near Marshall University (10,691 students), and the Port of Huntington (largest inland shipping port in the United Sates)

Property Flyers

Cap Rate: 9.83 %

Public Transportation

Commuter RailDriveWalkDistance
Huntington Amtrak Station (Cardinal - Amtrak) 5 min - 2.0 mi
AirportDriveWalkDistance
Tri-State/Milton J Ferguson Field 22 min - 14.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
CJ Brill 310-793-6069 Transwestern Real Estate Services
CJ Brill 310-793-6069 Transwestern Real Estate Services