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Office Building with Separate Entrances
For Sale
Contact for pricing
Pending

1000 N 21st St, Newark, OH 43055

Office space with separate entrances, reception and conference room, and multiple HVAC zones under a master lease structure.

Property SizeContact for details
Days on Market150

Property Features for 1000 N 21st St

General Information

Standard status Pending
Property subtype Office
Listing Agency: Coldwell Banker King Thompson Newark
Listed By: Billie Allen · License #208560
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 7 at 7:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker King Thompson Newark

Investment Insights

Based on property information with market context.

This office property is offered under a triple-net master lease. The building includes main level offices with a reception and conference room, along with some offices on a lower level. Several offices have separate entrances, supporting flexible day-to-day access within the suite.

The property is configured with four HVAC zones. Off-site and exterior surfaces include approximately 6,000 square feet of asphalt and 1,400 square feet of concrete, providing on-site area for vehicle parking and circulation.

Lease terms described include a master lease expiring 11/23 and tenant lease periods ranging from 6 to 12 months. The lease structure states the leasee pays utilities, maintenance, taxes, and insurance, and the listing notes a requirement for an IRC 1031 clause with offers.

Key Highlights

  • Triple net master lease at $33,750; leasee pays all utilities, maintenance, taxes, and insurance
  • Master lease expires 11/23; lease available with tenant leases ranging from 6 to 12 months
  • Includes main entrance reception and conference room, plus office space and some offices on a lower level

Property Analytics

Current Use

Farmers Insurance - Jeffrey ... Insurance Agency Russ & Associates Accounting ... Accounting Firm Forgrave Financial Strategies Financial Advisor Safe Place Bedding ... Production Facility Retirement Specialists of Central ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center HVAC Service Electrical Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

Demographics for 43055, OH

62,590
Population
27,046
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
112.7 sq mi
ZIP Area
555
Density / Sq Mi
$61,807
Median Household Income
$39,412
Median Earnings
$920
Median Rent
$185,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space with separate entrances, reception and conference room, and multiple HVAC zones under a master lease structure.
Where is this office units located?
The property is located at 1000 N 21st St Newark, OH.
What are key features of this property?
This property features: Triple net master lease at $33,750; leasee pays all utilities, maintenance, taxes, and insurance; Master lease expires 11/23; lease available with tenant leases ranging from 6 to 12 months; Includes main entrance reception and conference room, plus office space and some offices on a lower level
More about this property
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