Office Suite with Surface
For Sale
Contact for pricing
1020 Dennison Avenue #302, Columbus, OH 43201
Enclosed offices, shared work areas, and meeting space support a range of professional operations.
Property Size25,976 SF
Price / SF$0.00
Days on Market86
Property Features for 1020 Dennison Avenue #302
General Information
Standard status
Active
Size
25,976 SF
Property subtype
Office
Site & Location
Neighborhood
Victorian Village
Highway Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
1975
Listing Agency:
The Robert Weiler Company
(614) 221-4286
Listed By:
Mackay Alexander Lykens · License #2026002761
(614) 206-8436
Source:
Livewellhomegrp
Added: Aug 6
Changed: Oct 29
Last Checked: Oct 28 at 4:02PM
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 The Robert Weiler Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,800 SF office suite combines private offices with collaborative work areas and meeting space. On-site surface parking serves employees and visitors.
Located in Columbus’ Victorian Village, the property is near the Short North Arts District, Downtown Columbus, and The Ohio State University. SR-315 and I-670 provide regional connections, while restaurants, coffee shops, fitness centers, and entertainment venues are nearby.
Located in Columbus’ Victorian Village, the property is near the Short North Arts District, Downtown Columbus, and The Ohio State University. SR-315 and I-670 provide regional connections, while restaurants, coffee shops, fitness centers, and entertainment venues are nearby.
Key Highlights
- 2,800 SF office suite
- Private offices, collaborative work areas, and meeting space
- On‑site surface parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$300,109
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,002,180
$6.0M
Cap Rate 7%
$4,287,271
$4.3M
Cap Rate 9%
$3,334,544
$3.3M
Market Conditions
NOI Build-Up for 25,976 SF
Gross rent
$514.3K $19.80/SF
− Vacancy
−$114.2K −$4.40/SF
EGI
$400.1K $15.40/SF
− OpEx
−$100.0K −$3.85/SF
NOI
$300.1K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,002,180
Cap Rate 7%
$4,287,271
Cap Rate 9%
$3,334,544
Alternative Uses
Best Use
Office B
$4.29M
$3.75M – $5.00M
NOI $300,109 @ 7.0% cap · market cap 1,304,821.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.41M
$4.74M – $6.32M
NOI $378,947 @ 7.0% cap · market cap 1,647,595.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 43201, OH
37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office unit - Enclosed offices, shared work areas, and meeting space support a range of professional operations.
Where is this office unit located?
The property is located at 1020 Dennison Avenue #302 Columbus, OH.
What are key features of this property?
This property features: 2,800 SF office suite; Private offices, collaborative work areas, and meeting space; On‑site surface parking
