Cooper Commercial Investment Group closed the sale of University Hospital’s Hudson Health Center in Hudson, Ohio.
The 16,352-square-foot medical building on 2.33 acres is on a triple-net lease structure with just under five years remaining. The lease includes annual rental increases.
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, represented the seller. The all-cash buyer was found within the first 30 days of marketing the property for sale. The buyer paid $3.025 million for the property, representing a 7.77% CAP rate.