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EXECUTIVE SUMMARY
One of the most attractive and well maintained buildings in the historic downtown Columbus area. Occupying nearly a city block, this property represents a unique purchase and leaseback investment opportunity. Regions Bank will remain in in the building occupying the first floor of 10,745 sq ft. The bank would be under a 10 year lease with an additional 3, five year renewable options. This leaves 30,000 sq ft to be leased or occupied plus a basement for storage. Building has two elevators one on the east side and one on the west side of the building. 153 parking spaces. Roof is 12 years old, part shingled and part flat with no past issues or major repairs. Building's basement is not included in the square footage. Some financials available upon request.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
42,248 SF
Building Class
B
Year Built
1977
Price
$1,880,000
Price Per SF
$44.50
Percent Leased
29%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,562 SF
Building FAR
0.40
Lot Size
2.43 AC
Zoning
C 2 - Light Commercial
Parking
153 Spaces (3.62 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Controlled Access
- Security System
- Signage
- Accent Lighting
- Reception
- Atrium
- Basement
- DDA Compliant
- Fully Carpeted
- Direct Elevator Exposure
- Partitioned Offices
- Recessed Lighting
- Wi-Fi
- Air Conditioning
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $426,433 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$426,433
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