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Two-Building Office Portfolio

1103 Schrock Road, Columbus, OH 43229

For Sale
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The portfolio combines two office buildings with different occupancy levels in a master-planned corporate center.

Property Size316,403 SF
Lot Size16.00 Acres
Price / SF$60.05
Days on Market13

Property Features for 1103 Schrock Road

General Information

Standard status Active
Size 316,403 SF
Class Class A
Lot size 16.00 Acres
Property subtype Office
Occupancy 87%

Site & Location

Neighborhood Northland
Highway Access Yes

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Buildings 2
Listing Agency: Colliers - Columbus, Ohio
Listed By: Andrew Jameson · License #OH 415955
Source: Crexi
Added: Oct 28 Changed: Nov 8 Last Checked: Nov 8 at 6:00PM

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 Colliers - Columbus, Ohio

Rey
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Investment Insights

Based on property information with market context.

This office portfolio comprises two buildings totaling 316,403 square feet: 1103 Schrock Road contains 100,691 square feet, and 1105 Schrock Road contains 215,712 square feet. Constructed in 1989 and 1982, respectively, the properties have occupancy rates of 77.4% and 91.0%, for a combined portfolio occupancy of 86.7%. They are offered together or individually.

The buildings occupy a 16-acre site within Busch Corporate Center in Columbus’ North Corridor. The property has visibility along Interstate 71, which carries approximately 110,000 vehicles daily.

Key Highlights

  • Two office buildings totaling 316,403 square feet
  • 1103 Schrock Road: 100,691 square feet; 77.4% occupancy
  • 1105 Schrock Road: 215,712 square feet; 91.0% occupancy

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Salo Solutions (Bike/Boat/Book/etc) Store Comtech Global Employment Agency Language Access Network Translator Globe Life Liberty ... Insurance Agency DebtHelp, Inc Financial Advisor

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Auto Parts Store Skin Care Clinic

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

Lease Details

86.7%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

537
Businesses Nearby

Demographics for 43229, OH

54,310
Population
23,290
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
9.0 sq mi
ZIP Area
6,034
Density / Sq Mi
$53,430
Median Household Income
$35,181
Median Earnings
$1,082
Median Rent
$210,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in Columbus, OH

$167 Jul
$196 Aug
$193 Sep
$170 Oct

Properties on Market for Office buildings in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025

Frequently Asked Questions

What type of property is this?
Office building - The portfolio combines two office buildings with different occupancy levels in a master-planned corporate center.
Where is this office building located?
The property is located at 1103 Schrock Road Columbus, OH.
What is the asking price?
The asking price for this property is $19,000,000.
What are key features of this property?
This property features: Two office buildings totaling 316,403 square feet; 1103 Schrock Road: 100,691 square feet; 77.4% occupancy; 1105 Schrock Road: 215,712 square feet; 91.0% occupancy
(614) 206-6882 Call to check price and availability
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