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510 E North Broadway St 57,546 SF 94% Leased Office Building Columbus, OH 43214 $5,095,108 CAD ($88.54 CAD/SF) 8.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Significant Capital Reinvestment: The property has recently benefited from meaningful upgrades, including $800,000 of tenant-funded improvements.
- Prime Clintonville Location: Strategically located in the highly desirable Clintonville submarket, the asset offers excellent accessibility via I-71.
- Strong Demographics: The surrounding area boasts a population of nearly 387,000 within a 5-mile radius and an average household income of $168,000+.
- Attractive Basis & Value Play: Offered at a compelling price well below replacement cost and market averages for Columbus office assets.
- Diverse & Established Tenant Mix: Anchored by respected professional, medical, and nonprofit organizations.
EXECUTIVE SUMMARY
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Divisible space that can be used for medical or office. Renovated. Accessible easily from Ohio State University, Riverside Hospital, High Street, I-71 and I-315. Your employees will love the central location. Individual rooms also available. Professional tenants, including Nationwide Children's Hospital Neighborhood Center, Columbus Speech and Hearing, DSACO, and Greenleaf.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 202 | 150-3,500 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 202
| Size |
| 150-3,500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size | 150-3,500 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Divisible space that can be used for medical or office. Renovated. Accessible easily from Ohio State University, Riverside Hospital, High Street, I-71 and I-315. Your employees will love the central location. Individual rooms also available. Professional tenants, including Nationwide Children's Hospital Neighborhood Center, Columbus Speech and Hearing, DSACO, and Greenleaf.
PROPERTY TAXES
| Parcel Number | 010-005313 | Improvements Assessment | $722,559 CAD |
| Land Assessment | $215,770 CAD | Total Assessment | $938,329 CAD |
PROPERTY TAXES
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510 E North Broadway St
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