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765 Pierce Dr - Mental Health Inpatient Facility

53,548 SF Health Care Building Offered at £9,468,000 in Columbus, OH 43223

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Investment Highlights

All bedrooms have indevidual bathrooms attached.
Property has a cafeteria, gym, classrooms, game room, nurse's station, exam rooms, outdoor courtyard and visitation rooms.

70+ current beds with the ability to expand to with an additional 30 beds for a total of 100 beds.

Executive Summary

This healthcare property is one story features current hospital land use, built in 2007. As such, it features a number of private patient rooms, an acute hospital area, outpatient area as well as a residential treatment area. The facility is located in an opportunity zone. The subject property sits on a 5.34 ac and consists of 53,548 sf GBA. It is conveniently located adjacent (18-min drive) to John Glenn Columbus International Airport and benefits from a growing market in Franklin County-Southwest Columbus, Ohio.
The property is well suited for residential substance use disorder treatment, residential mental healthcare, and other acute and sub-acute behavioral healthcare uses.

765_Pierce_Dr_Columbus_OH LR

Taxes & Operating Expenses (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	£9,468,000	Lot Size	5.34 AC
Price Per Bed	£135,257	Building Size	53,548 SF
Sale Type	Owner User	No. Beds	70
Sale Conditions	High Vacancy Property	Number of Floors	1
Property Type	Health Care	Year Built/Renovated	2007/2014
Property Subtype	Hospital Rehabilitation Centre	Parking Ratio	1.62/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£9,468,000
Price Per Bed	£135,257
Sale Type	Owner User
Sale Conditions	High Vacancy Property
Property Type	Health Care
Property Subtype	Hospital Rehabilitation Centre
Building Class	B
Lot Size	5.34 AC
Building Size	53,548 SF
No. Beds	70
Number of Floors	1
Year Built/Renovated	2007/2014
Parking Ratio	1.62/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.