106-116 E Moler St Columbus, OH 43207
Four-unit retail building in Columbus, Ohio, renovated in 2023.
Property Features for 106-116 E Moler St
General Information
- Standard status
- Active
- Size
- 18,941 SF
- Property subtype
- RETAIL
Listing office Verti Commercial Real Estate L (614) 600-7273
Listing date May 8, 2026
Source Moodyscre
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 Verti Commercial Real Estate L
Investment Insights
Based on property information with market context.
Key Highlights
- 100% Occupancy with NNN Leases provides immediate and stable income.
- Renovated in 2023, combining historic charm with modern functionality.
- Value‑add potential with finish‑ready basement space, HVAC and plumbing in place.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $413.7k | $21.84 |
| − Vacancy | −$99.3k | −$5.24 |
| EGI | $314.4k | $16.60 |
| − OpEx | −$94.3k | −$4.98 |
| NOI | $220.1k | $11.62 |