4816-4822 Indianola Ave, Columbus, OH
Office for Sale - $1,425,000 - 20,088 Sq. Ft. on 1.32 acres
Property Info
| CIMLS# | 915551 |
| Location 4816-4822 Indianola Ave Columbus OH 43214 | |
| Updated | February 5th, 2018 |
| Type | Office |
| Price | $1,425,000 |
| Building | 20,088 Sq. Ft. |
| Land | 1.32 acres |
Property Description
100% leased, three building investment. WOW Internet - 10 year Anchor Tenant. 4816 Indianola | 7,236 SF building; 4818 Indianola | 4,980 SF building; 4820-4822 Indianola | 7,872 SF building. The three buildings consist of 20,088 SF on 1.322 acres total with on-site parking (71 total spaces). Located in Clintonville just north of Morse Road on Indianola Ave and in close proximity to I-71 with many amenities nearby. Additional Income from Billboards.
Location Description:
Three office buildings located in Clintonville, just North of Morse Rd on Indianola Ave, near I-71.
Highlights:
>> 100% leased, three building investment
>> WOW Internet & Fiber | 10 year anchor tenant
>> 4816 Indianola Ave | 7,236 SF building built in 2003
>> 4818 Indianola Ave | 4,980 SF building built in 1990
>> 4820-22 Indianola Ave | 7,872 SF building built in 1967
>> 20,088 SF | 1.322 acres total
>> On-site parking (71 total spaces)
>> Just North of Morse Road on Indianola Ave near I-71
>> Located in Clintonville
>> Stable sub-market with many amenities nearby
>> All tenants have long term track record
>> Net Operating Income: $129,441 | Cap Rate: 9.1%
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