PROFESSIONAL MEDICAL & OFFICE PROPERTY

540 Officenter Place, Columbus, OH 43230
Multi-tenant medical office building
40,323 SF on 2.57 acres
Sale Price: $6,295,000 / $156 PSF
Current Occupancy: 100%
Cap Rate: 9.5% in 2023 and 10% in 2024

Investment Highlights:

Dynamic medical and office property – 100% occupied
Ohio State University Internal Medicine (Dermatology) occupies
17,371 SF (44% of Building)
Nearly all medical tenants

Property Description:

Attractive, well maintained property
Franklin County parcel # 025-009411-00
40,323 RSF building on 2.57 acres
Two story medical office building completed in 1991
153 parking spaces
Highly visible monument and building signage
Zoning is Suburban Office in the City of Gahanna

Area Description:

The property is located in the City of Gahanna, Ohio – a fast growing,
affluent suburb in the Columbus Metropolitan Area with a ready
workforce. The City of Gahanna is very business friendly
The property is less than 1 mile to the Hamilton Road/I-270
interchange and is visible from I-270
The location is within a dynamic mix of office and retail