565-601 N High St
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565-601 N High St
26,000 SF 100% Leased Retail Building Columbus, OH 43215 For Sale 7.75% Cap Rate
Executive Summary
The Cap at Union Station is built on two bridge structures running parallel to the High Street vehicular bridge across I-670. The retail buildings are constructed of light-weight materials with a design that echoes Union Station, a revered building that was demolished to make way for the Columbus Convention Center. The pedestrian-friendly structure reestablishes the street scape severed by an Interstate highway corridor, reuniting downtown Columbus with the vibrant Short North neighborhood.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
26,000 SF
Building Class
B
Year Built
2004
Cap Rate
7.75%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Biker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 010-008683 | Improvements Assessment | $2,605,365 |
| Land Assessment | $122,745 | Total Assessment | $2,728,110 |
PROPERTY TAXES
Parcel Number
010-008683
Land Assessment
$122,745
Improvements Assessment
$2,605,365
Total Assessment
$2,728,110
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565-601 N High St
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