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600 Lakeview Plaza Blvd 50,418 SF 80% Leased Office Building Worthington, OH 43085 $5,950,000 ($118.01/SF) 7% Cap Rate
Investment Highlights
- Diesel back up generator serving Suite F/G.
- Sprinklered throughout.
- Heavy parking ratio of 4/1000 - 220 surface parking spaces.
- Partially climate-controlled warehouse space.
- Situated within Worthington’s Tech District and zoned Limited Industrial.
- Recently updated HVAC units.
Executive Summary
The tenant base consists of service-driven businesses with stable demand supported by long-term trends like electrification and infrastructure maintenance. Many tenants have recurring revenue streams or specialized operations that support consistent occupancy, and some benefit from private equity backing, enhancing financial stability and growth.
In addition to the in-place income, the property offers a value-add component through existing vacancy and below-market rents, providing investors with the opportunity to increase cash flow and overall returns through lease-up and mark-to-market adjustments. This upside, combined with a diversified and stable tenant base, positions the asset to deliver both secure current income and future growth potential.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Manufacturing
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Guardian Industries is a privately held, diversified, global company headquartered in Auburn Hills, Michigan. Guardian, and its family of companies, employ 18,000 people and operate facilities throughout North America, Europe, South America, Africa, the Middle East and Asia, with a vision to create value for customers and society through constant innovation using fewer resources. Guardian Glass is a leading international manufacturer of float, value-added, and fabricated glass products and solutions for architectural, residential, interior, transportation and technical glass applications. SRG Global is one of the world’s largest manufacturers of advanced, high value coatings on plastics for the automotive, commercial truck and consumer goods industries, providing solutions for greater surface durability, structural integrity, functionality, vehicle efficiency and design flexibility.
- Med Speed
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- Worthington City Schools
- Educational Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Manufacturing | - | - | Lorem Ipsum | Jan 0000 | |
| Med Speed | - | - | - | Lorem Ipsum | Jan 0000 | |
| Worthington City Schools | Educational Services | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Office/Warehouse and Office property in Lakeview Tech Center Visible from I-270 with building signage Convenient access to I-270, I-71 and SR 23 Heavy parking ratio, well-lit Sprinklered Backup generator Docks and Drive-in Doors Professionally managed and well maintained 13.5' clear height and 15' to the deck
Office/Warehouse and Office property in Lakeview Tech Center Visible from I-270 with building signage Convenient access to I-270, I-71 and SR 23 Heavy parking ratio, well-lit Sprinklered Backup generator Docks and Drive-in Doors Professionally managed and well maintained 13.5' clear height and 15' to the deck
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - Suite D | 5,210 SF | Flex | Partial Build-Out | Now |
| 2nd Fl-Ste Suite C | 4,878 SF | Office | Partial Build-Out | Now |
1st Fl - Suite D
| Size |
| 5,210 SF |
| Space Use |
| Flex |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste Suite C
| Size |
| 4,878 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl - Suite D
| Size | 5,210 SF |
| Space Use | Flex |
| Build-Out | Partial Build-Out |
| Available | Now |
Office/Warehouse and Office property in Lakeview Tech Center Visible from I-270 with building signage Convenient access to I-270, I-71 and SR 23 Heavy parking ratio, well-lit Sprinklered Backup generator Docks and Drive-in Doors Professionally managed and well maintained 13.5' clear height and 15' to the deck
2nd Fl-Ste Suite C
| Size | 4,878 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
Office/Warehouse and Office property in Lakeview Tech Center Visible from I-270 with building signage Convenient access to I-270, I-71 and SR 23 Heavy parking ratio, well-lit Sprinklered Backup generator Docks and Drive-in Doors Professionally managed and well maintained 13.5' clear height and 15' to the deck
Property Taxes
| Parcel Number | 100-005938 | Improvements Assessment | $970,200 |
| Land Assessment | $261,800 | Total Assessment | $1,232,000 |
Property Taxes
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600 Lakeview Plaza Blvd
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