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Net-Leased Surgery Center 61600 Southgate Parkway, Cambridge, OH 43725
  • SF: 8,515 sq. ft
  • acres 1.3
  • Price $2,284,000
  • Status Investment Sales Sold

About This Property

For sale to qualified investors is a rare single-tenant-net-leased medical building in Cambridge, Ohio. 100% leased to Cambridge Surgical Suites, LLC, the asset provides a 10 year triple-net lease with 11% increase in year 6. The building recently underwent a complete renovation in 2022 during which time the tenant provided over $1 million improvements. The company provides outpatient Orthopedic and Spine Surgery throughout southeastern Ohio as the site is directly accessed by both Interstate 70 (Columbus) and Interstate 77 (Marietta/Parkersburg). The passive nature of this lease combined with the recent capital upgrades make this an ideal 1031 replacement property or acquisition for an investor desiring a stable cash flow. The property is located off of heavily-trafficked Interstate 70 (41,598 VPD) and is shadowed anchored by Rural King and is surrounded by national retailers including Walmart Supercenter, Rural King, Marshall’s (coming soon), Buffalo Wild Wings, Arby’s, Aldi, Verizon, Bob Evans, Tractor Supply, KFC, Ruby Tuesday, McDonald’s, Denny’s, Dollar General, Big Lots, Family Dollar, Wendy’s, Tim Hortons, AutoZone and many others.

61600 Southgate Parkway

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