760 Morrison Rd - Office FOR SALE


Gahanna, OH 43230
$625,000 USD
614-570-9488
760 Morrison Rd, Gahanna, OH for Sale
$625,000 USD
Office - FOR SALE
1/25
null | 7.18% Cap Rate

760 Morrison Rd
Gahanna, OH 43230


HIGHLIGHTS

  • ±4,416 SF, two-story suburban office building situated on ±0.36 acres.
  • Fully leased four-unit property with full-service gross leases in place.
  • Well-maintained building with professional office layouts and two restrooms.
  • Convenient Gahanna location near I-270 and S. Hamilton Road, with approximately 15 on-site parking spaces.

OVERVIEW

760 Morrison Road is a ±4,416 SF, two-story suburban office building for sale in Gahanna, approximately one mile from the S. Hamilton Road and I-270 interchange. The well-maintained property is fully leased to four individual office users on full-service gross leases and is being marketed at a 7.18% cap rate. The building overlooks a wooded ravine, includes ample on-site parking, and offers stable in-place income in a desirable suburban Columbus office corridor.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

OS, Columbus

APN/PARCEL ID

026-201430,026-235157

ASK ABOUT THIS PROPERTY

James MangasBest Corporate Real EstateMore Info
614-570-9488

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James MangasBest Corporate Real EstateMore Info
614-570-9488

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