5770 Karl Rd - Medical FOR SALE


Columbus, OH 43229- Forest Park East
$1,300,000 USD
614-559-3350
5770 Karl Rd, Columbus, OH for Sale
$1,300,000 USD
Medical - FOR SALE
1/20
null | 8.42% Cap Rate

5770 Karl Rd
Columbus, OH 43229
Forest Park East


OVERVIEW

5770 Karl Road is a multi-tenant medical office building located along Karl Road in Columbus's Northland submarket. The property is 100% occupied with four medical tenants in place, providing stable, in-place cash flow from day one. Built in 1980, the building is suited for investors seeking an established medical office asset with a proven leasing history in an accessible, high-traffic corridor. The property's current tenant base reflects consistent demand for medical office space in this area of Columbus.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

CAC

APN/PARCEL ID

010-025380

ASK ABOUT THIS PROPERTY

Noah KahkonenBest Corporate Real EstateMore Info
614-559-3350

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Noah KahkonenBest Corporate Real EstateMore Info
614-559-3350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.