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Class A Office Building
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471 E Broad St, Columbus, OH 43215

330,000 RSF office building with on-site amenities.

Space Size11,341 SF
Days on Market907

Property Features for 471 E Broad St

General Information

Standard status Active
Size 11,341 SF
Property subtype OFFICE
Lease Type Modified Gross

Site & Location

Neighborhood Downtown

Spaces For Lease

at 471 E Broad St
471 E Broad St $16/SF/Yr
Floor 19
Size 11,341 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease Yes
- The Encova Building is a 330,000 RSF, Class A office building with an attached parking garage and numerous on-site amenities for tenants, employees and visitors. Encova Insurance, the owner and largest tenant, has made significant investments into the building, providing premium finishes, a conveniently located cafeteria with retail services, 24/7 building security, and common conference rooms. The building also offers a fitness studio with locker rooms and showers.
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Listing Agency: CBRE | Columbus
Listed By: Paul Tingley
Source: Moodyscre
Added: May 1, 2024 Changed: Oct 23 Last Checked: Oct 23 at 7:56AM

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 CBRE | Columbus

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Investment Insights

Based on property information with market context.

The Encova Building is a 330,000 RSF Class A office building featuring an attached parking garage and various on-site amenities for tenants, employees, and visitors. The owner and largest tenant, Encova Insurance, has invested significantly in the building, providing premium finishes. Amenities include a conveniently located cafeteria with retail services, 24/7 building security, and common conference rooms. A fitness studio with locker rooms and showers is also available.

Key Highlights

  • Class A office building with 330,000 RSF
  • Attached parking garage
  • Significant investments by owner, Encova Insurance, ensuring premium finishes

Property Analytics

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Current Use

Cyberium Inc (Bike/Boat/Book/etc) Store Cody Kirschner Physician Zeehandelar Sabatino & Associates Law Firm Mark H. Gams Law Firm Mc Leod Law ... Law Firm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Nursing Home HVAC Service

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,600
Businesses Nearby

Demographics for 43215, OH

20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Columbus, OH

$16.75 /SF/Yr
Avg Asking Price
$3.3–$27.95 /SF/Yr
Price Range
38,485 SF
Avg Space Size

This space is priced 4% below the average of $16.75 /SF/Yr.

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 - 330,000 RSF office building with on-site amenities.
Where is this office building located?
The property is located at 471 E Broad St Columbus, OH.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Class A office building with 330,000 RSF; Attached parking garage; Significant investments by owner, Encova Insurance, ensuring premium finishes
(614) 506-3424 Call to check price and availability
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