101 Town Center | 101 E Town St
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101 Town Center 101 E Town St
54,818 SF 100% Leased Office Building Columbus, OH 43215 $9,000,000 ($164/SF) 8.49% Cap Rate
Investment Highlights
- 100% leased office investment
- Rent upside potential
- Great mix of tenants - data center, day care, professional offices and street retail
Executive Summary
A prime investment opportunity in the heart of Columbus, Ohio. This five-story building, boasting 54,818 SF of space, is a fully leased asset with a diverse tenant mix, offering stability and rental upside potential.
Partially renovated in 2022, the property features an efficient layout and holds great potential for additional revenue through the renovation of the lower level. Located in a thriving commercial area, this property presents an unmissable opportunity for office building investors seeking a high performing asset in a prime Columbus location.
Partially renovated in 2022, the property features an efficient layout and holds great potential for additional revenue through the renovation of the lower level. Located in a thriving commercial area, this property presents an unmissable opportunity for office building investors seeking a high performing asset in a prime Columbus location.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
54,818 SF
Building Class
B
Year Built/Renovated
1972/1994
Price
$9,000,000
Price Per SF
$164
Cap Rate
8.49%
NOI
$763,893
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
10,964 SF
Building FAR
2.03
Lot Size
0.62 AC
Zoning
DD, Columbus
Parking
46 Spaces (0.84 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Security System
- Storage Space
- Drop Ceiling
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Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 010-148462 | Improvements Assessment | $730,490 |
| Land Assessment | $572,180 | Total Assessment | $1,302,670 |
PROPERTY TAXES
Parcel Number
010-148462
Land Assessment
$572,180
Improvements Assessment
$730,490
Total Assessment
$1,302,670
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101 Town Center | 101 E Town St
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