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6161 Busch Blvd
Columbus, OH 43229
Office Property For Sale
Investment Highlights
- 82,408-square-foot office building with 84 executive suites across three floors and a lower level.
- Large parking lot with 313 spaces on an oversized four-acre lot with flexible zoning - Regional Scale Commercial C-4.
- Significant upside opportunity from leasing to market as the property is 40% vacant in a submarket with a historical 17.5% availability rate.
- 63% occupancy with excellent operating cash flow, stable tenant demand, utilization, and new leases, mostly short-term leases.
- Located in an opportunity zone, Columbus Northwest - Census Tract 39049009900, which is part of the Worthington and North Columbus Submarkets.
- Multiple upgrades were completed recently: new elevator (September 2021), boiler (2016), LED light fixtures (2020), and additional private bathrooms.
Property Facts
Property Type
Office
Building Size
82,428 SF
Building Class
C
Year Built/Renovated
1968/2016
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
20,607 SF
Building FAR
0.46
Lot Size
4.08 AC
Zoning
RAC - Regional Activity Center
Parking
313 Spaces (3.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Property Manager on Site
- Security System
- Signage
Property Taxes
| Parcel Number | 010-003296 | Improvements Assessment | $1,046,190 |
| Land Assessment | $248,820 | Total Assessment | $1,295,010 |
Property Taxes
Parcel Number
010-003296
Land Assessment
$248,820
Improvements Assessment
$1,046,190
Total Assessment
$1,295,010
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