Medical Office Investment Opportunity – 12.5%+ CAP Rate | BellevueStrong medical office investment opportunity featuring an updated office building situated on an attractive nearly 10-acre site with excellent visibility and access from RT 4 and RT 113. The property offers a 12.5%+ CAP rate with a 5-year lease that commenced June 1, 2025 and runs through May 31, 2030. Landlord is responsible for real estate taxes, insurance, and maintenance.Currently operating as a medical office, the functional layout includes two waiting rooms, reception area with administrative office, nurses’ station, nine exam rooms, physician office, three procedure rooms, lead-lined X-ray room, research room, kitchen/break room, four restrooms, and an IT/utility closet.The site provides 40+ parking spaces for staff and patients and features dual access points from RT 4 and RT 113, offering convenient ingress and egress.The building underwent a full office renovation in 2018, with new furnaces installed in 2024, providing investors a well-maintained asset with recent capital improvements.
- Waterfront:
- No
- Country:
- US
- County:
- Huron
- City:
- Bellevue
- Zipcode:
- 44811
- Street:
- State Route 113
- Street Number:
- 5433
- Longitude:
- E0° 0' 0''
- Latitude:
- N0° 0' 0''
- Directions:
- US 20 W to Beckstein Road, turn right onto OH-4 N
- Office Name:
- RE/MAX Quality Realty - Norwalk
- Agent Name:
- Frank Van Dresser
- Property Subtype 1:
- Office
- Listing Agent MLS ID:
- VANDRESSERJR
- Listing Office MLS ID:
- F22102
- Parcel ID:
- 20002002034000
- Area:
- Lyme
- Status Date:
- 05/03/2026
Commercial For Sale
5433 State Route 113, Bellevue, 44811
- Property Type :
- Commercial
- Listing Type :
- For Sale
- Listing ID :
- 20260598
- Price :
- $405,000
- Square Footage :
- 4,510 Sqft
- Year Built :
- 1968
- Lot Area :
- 10.00 Acre
- Status :
- Active
