Office Property For Sale - 345 E. 5th Avenue

345 E. 5th Avenue, Columbus, OH, 43201

 
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Office For Sale
Columbus, OH
Ohio

345 E. 5th Avenue

 

Columbus, Ohio 43201
County: Franklin
 
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  For Sale Active  
Property Use Type:Investment
Type:Office
Institutional/Governmental
Building Size:46,000 SF
Building Class:B
Lot Size:2.78 Acres
Occupancy:100.00%
Price:$3,600,000
Price/SF:$78.26
Cap Rate:19.42%
Year Built:1963
Date Last Verified:12/30/2008
Property ID:15848267
 
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 Additional Information 

Property Description:
This 46,000 square foot building was originally built as an industrial building in the 1960's, but in 1999, was converted and built out as office and is now home to the Franklin County North Community Opportunity Center.

Location Description:
East of Downtown Columbus, located on the major thoroughfare of 5th Avenue, this office building greatly benefits by being close to downtown, near a freeway access, and on a bus route.

Property Types:Institutional/Governmental
Office-Warehouse		No. Stories:2
 Highlights 
•Solid 100% Leased Office Investment!•46,000 SF of office space - 100% leased!
 
•Excellent occupancy history with govt. tenant.•Within minutes to Downtown Columbus.
 
•Great visibility and access to major highways.  
  Financial Summary Actual  
Net Operating Income:$699,120
 
  Major Tenant Information
Tenancy Type: Single
 
Franklin County
SF Occupied: 46,000
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
8/13/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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