Updated Jan 22, 2026
Marcus & Millichap Sells 34,658 Square Foot Medical Office In Dover Ohio For $3.54M
340 Oxford Street
$3,539,000
$102/SF
Building Size
34,658 SF
Asset Type
Medical Office
Closing
Jan 22, 2026
About this deal
AI
Marcus & Millichap sold a 34,658-square-foot medical office property located at 340 Oxford Street, Dover, Ohio, for $3,539,000. The asset spans 5.12 acres and includes a 10-suite building leased to major healthcare providers such as OrthoUnited and Trinity Hospital, situated near Cleveland Clinic Union Hospital.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $3,539,000
- Square Footage: 34,658
- Sale Date: 01/22/2026
- Address: 340 Oxford Street
- Market: Dover, OH
- Price Per Square Foot: $102
- Acres: 5.12
Ryan Moore, Christopher Mitchel, and Billy Skoch represented Marcus & Millichap in this transaction, contributing their expertise to facilitate the deal involving the leased property to significant healthcare entities.
Players
Dover Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.48%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93