VETERANS AFFAIRS OUTPATIENT CENTER

For Sale

31 Clark Street, Wilmington, OH 45177

This Wilmington property for sale is located at 31 Clark Street. The general use of VETERANS AFFAIRS OUTPATIENT CENTER is office and it incorporates 6,750 square feet of class A office space. The current listed sale price for VETERANS AFFAIRS OUTPATIENT CENTER is $3,988,000.

Contacts

broker
Dan Lariccia

Passov Real Estate Group

Property Details

  • Property Type Office - General Office
  • Property Size 6,750 SF
  • Building Class A
  • Year Built 2025
  • Date Updated Mar 21, 2025
Discover the vibrant community surrounding this prime Wilmington location. Nestled in the heart of downtown, this area is a hub for local businesses and a perfect fit for an ambitious Office / Office Building investor. Enjoy the convenience of being within walking distance to charming cafes, local shops, and a dynamic array of dining options. Embrace the cultural scene with nearby attractions such as Caesar Creek State Park for outdoor adventures, the historic Murphy Theatre for entertainment, and the Clinton County History Center for a glimpse into the area's rich heritage. With easy access to major transportation routes, the area seamlessly blends small-town charm with big city connectivity.Brand New United States Veterans Affairs Outpatient Center to be delivered to the Tenant April 1, 2025. Fifteen (15) Year Lease with no options to terminate and 2.5% annual increases in operating expenses. The United States Government will invest nearly $2M of its own funds for tenant improvement build-out. This site was unanimously selected by the VA’s selection committee due to its central location in Clinton County and nearby dining, banking and shopping amenities
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Highlights

  • 7.25% Cap Rate
  • Built-in increases on operating expenses
  • Rare long term lease with United States Government
  • Ideal 1031 Exchange Property

Getting around

  • 61/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wilmington, OH
  • Neighborhood Wilmington
  • Zip Code 45177

Points of Interest

  • Marathon

    0.05 miles

  • United Dairy Farmers

    0.05 miles

  • Speedway

    0.08 miles

  • Kroger

    0.74 miles

  • BP

    1.97 miles

  • Murphy USA

    2.17 miles

  • J&D’s Market

    5.31 miles

  • Doctor Nathan Hale Riparian Reserve Parking

    7.69 miles

  • MTB Ward Loop

    9.93 miles

  • Wilmington Inn Wilmington

    0.44 miles

  • Holiday Inn Express

    1.34 miles

  • Hampton Inn & Suites Wilmington

    1.35 miles

  • Home Away from Home

    4.24 miles

  • Holiday Inn

    5.45 miles

  • Kroger Food & Drug

    0.75 miles

  • ALDI

    1.39 miles

  • Walmart Supercenter

    2.30 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dan Lariccia

Passov Real Estate Group

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