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7420 Worthington Galena Rd 10,999 SF Office Building Columbus, OH 43085 $2,344,491 CAD ($213.15 CAD/SF) 7.42% Cap Rate
Executive Summary
Stand-alone single tenant investment opportunity in great location off Worthington-Galena Rd. Updated office buildout as well as small warehouse with overhead door (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 estimated NOI $127,308 (est. 7.42 CAP) and lease available for review 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
$2,344,491 CAD
Price Per SF
$213.15 CAD
Cap Rate
7.42%
NOI
$174,036 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 | $253,861 CAD |
| Land Assessment | $140,664 CAD | Total Assessment | $394,525 CAD |
Property Taxes
Parcel Number
610-117340
Land Assessment
$140,664 CAD
Improvements Assessment
$253,861 CAD
Total Assessment
$394,525 CAD
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7420 Worthington Galena Rd
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