Single-Tenant Office Medical
Beacon Orthopedic Medical Center
8099 Cornell Rd, Cincinnati, OH 45249
Listing Price: $10,000,000
Investment Overview
Marcus & Millichap is pleased to present 8099 Cornell Road, Cincinnati, Ohio. This medical office building was constructed in 2008 and consists of 26,107 square feet situated on approximately 2.36 acres of land. The property is 100 percent occupied by Ortho Alliance MSO LLC / Beacon Orthopedics & Sports Medicine, Ltd under an double-net Lease structure. The lease includes 3 percent annual rental increases and is backed by a corporate guarantee. There are approximately five years remaining on the current lease term, along with two additional five-year renewal options.
Listing Price: $10,000,000
Investment Highlights
- Well-Established Beacon Orthopaedic Medical Center
- Single-Tenant, Double-Net Lease
- Well-Maintained with Many Recent Capital Expenditures; New Roof, HVAC, Elevator Upgrades, MRI Suite and Physical Therapy Facility
Investment Overview
Marcus & Millichap is pleased to present 8099 Cornell Road, Cincinnati, Ohio. This medical office building was constructed in 2008 and consists of 26,107 square feet situated on approximately 2.36 acres of land. The property is 100 percent occupied by Ortho Alliance MSO LLC / Beacon Orthopedics & Sports Medicine, Ltd under an double-net Lease structure. The lease includes 3 percent annual rental increases and is backed by a corporate guarantee. There are approximately five years remaining on the current lease term, along with two additional five-year renewal options.
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