Beacon Orthopedic Clinic — Sale in Fairfield, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fairfield, OH 45014
Investment Figures
- Cap rate
- 8.40%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present 5900 Boymel Drive, Fairfield, OH. This medical office building was constructed in 1979 and completely renovated in 2016. The building consists of 8,300 square feet situated on approximately 1.18 acres of land. The property is occupied by Ortho Alliance MSO LLC / Beacon Orthopaedics & Sports Medicine, Ltd under a double-net Lease structure with 3% annual rental increases and is backed by a corporate guarantee. There are approximately three years remaining on the current lease term, along with two additional five-year renewal options. Investment Highlights: • Well-Established Beacon Orthopaedic Medical Clinic • Single-tenant, NN lease, new 3-year lease • Completely renovated building in June 2016 including new roof, all mechanicals.
Market Context
This retail in Fairfield, OH is listed for sale. It is offered at an approximate 8.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Fairfield, OH — view the full market.
As of Q1 2026, the Cincinnati retail market showed rents up 7.6% year over year, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.
Its 8.4% asking cap rate is in line with the Cincinnati retail market average of about 8.2%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Cincinnati?
- About 8.2% as of Q1 2026, per multiple brokerage reports.
Contact
- Thomas Heitzman · (312) 327-5495 · thomas.heitzman@marcusmillichap.com
- Frank M. Roti · (312) 624-7013 · frank.roti@marcusmillichap.com
- Brett Rodgers · (312) 624-7012 · brett.rodgers@marcusmillichap.com
- Michael L. Glass · (614) 360-9800
- Frank Montalto · (312) 327-5421 · fmontalto@ipausa.com
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