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7420 Worthington Galena Rd 10,999 SF Office Building Columbus, OH 43085 $2,372,497 CAD ($215.70 CAD/SF) 7.42% Cap Rate
EXECUTIVE SUMMARY
Stand-alone single tenant investment opportunity in great location off Worthington-Galena Rd. Updated office buildout includes data center, small warehouse with overhead door and generator (layout attached). Concrete construction situated on 1.2 acres with 60 parking spaces. Current tenant is an IT service provider with lease term running through June of 2029. Current NOI $127,308 (7.42 CAP) and lease available on request with NDA. Really nice property!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,999 SF
Building Class
C
Year Built
1971
Price
$2,372,497 CAD
Price Per SF
$215.70 CAD
Cap Rate
7.42%
NOI
$176,115 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,999 SF
Building FAR
0.21
Lot Size
1.21 AC
Zoning
M-2
Parking
60 Spaces (5.46 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 610-117340 | Improvements Assessment | $256,435 CAD |
| Land Assessment | $142,090 CAD | Total Assessment | $398,525 CAD |
PROPERTY TAXES
Parcel Number
610-117340
Land Assessment
$142,090 CAD
Improvements Assessment
$256,435 CAD
Total Assessment
$398,525 CAD
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7420 Worthington Galena Rd
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