5000 Arlington Centre Blvd - Office FOR SALE
Upper Arlington, OH 43220 |
5000 Arlington Centre Blvd
Upper Arlington, OH 43220
HIGHLIGHTS
- Suburban office building located minutes from Ohio State University in the heart of one of the most affluent cities in the state.
- Situated in a highly sought-after community, the city of Upper Arlington currently boasts an office occupancy of above 95%.
- A value-add opportunity approximately 14%-occupied by short-term tenants which will help offset the future owner’s up-front carry cost.
- There is a population of 273,674 people within a five-mile radius with a great percentage holding a bachelor's degree or higher.
- Served as the home to an owner-occupant for the last decade and is now a prime value-add opportunity for an investor to reposition and capture demand.
- Easy access to multiple major highways, including I-270 and Olentangy Freeway, and less than 20 minutes to Downtown Columbus.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arlington Centre
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
201460
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1973
SPRINKLERS
-
PARKING SPACES
750
LAND DETAILS
LAND ACRES
12.14 AC AC
LAND SF
528,818 SF
ZONING
-
APN/PARCEL ID
070-014822
