Multi-Suite Office Park For Sale

6800-6850 Caine Rd, Columbus, OH

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For Sale

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Multi-suite office park with close access to Sawmill Rd & I-270.

Type:OFFICE

Property size:

25,344 SF

Lot size:

1.84 Acres

Price / SF:

$175/SF

HighLights

Fully leased multi‑suite office park provides immediate income.
Convenient location with close access to Sawmill Rd & I‑270.
22 separate office suites offer diverse tenant base.
Long‑term tenants provide stable revenue stream.
Each unit includes multiple offices, open areas, restrooms, and private entrances.
Units are approximately +/-1,152 Sq Ft.

We can help!

Listing Contact

Randy Best

Learn more

For Sale

Contact for pricing

Multi-suite office park with close access to Sawmill Rd & I-270.

Type:OFFICE

Property size:

25,344 SF

Lot size:

1.84 Acres

Price / SF:

$175/SF

Added:: Aug 12, 2024
Days on Market:: 673
Last Refresh:: May 20 at 9:17 pm

Property Features for 6800-6850 Caine Rd

General Information

Standard status: Active
Size: 25,344 SF
Lot size: 1.84 Acres
Property subtype: OFFICE

Properties For Sale

at 6800-6850 Caine Rd Contact us

We can help!

Listing Contact

Randy Best

Listing agent Randy Best License #311236

Listing office Best Corporate Real Estate

Listing date Aug 12, 2024

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 Best Corporate Real Estate

HighLights

Fully leased multi‑suite office park provides immediate income.
Convenient location with close access to Sawmill Rd & I‑270.
22 separate office suites offer diverse tenant base.
Long‑term tenants provide stable revenue stream.
Each unit includes multiple offices, open areas, restrooms, and private entrances.
Units are approximately +/-1,152 Sq Ft.

Overview

This multi-suite office park features two separate buildings. The property contains 22 fully leased separate office suites in total. All units have multiple offices, open areas, restrooms, and private entrances. The majority of tenants are long-term. Each unit is approximately +/-1,152 square feet. The property offers close access to Sawmill Road and I-270. The property size is 25,344 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$501.8k	$19.80
− Vacancy	−$111.4k	−$4.40
EGI	$390.4k	$15.40
− OpEx	−$97.6k	−$3.85
NOI	$292.8k	$11.55

25,344 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$4.18M

$3.66M – $4.88M (±1% cap)

NOI $292,807 @ 7.0% cap · market cap 6.59%

Second Best

—

no second resolved use

Theoretical Best

Office A

$5.28M

$4.62M – $6.16M (±1% cap)

NOI $369,727 @ 7.0% cap · market cap 8.32%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Columbus
County: Delaware
State: Ohio
Longitude: -83.0888
Latitude: 40.1061

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For sale
Office buildings
OH
Columbus
6800-6850 Caine Rd

What type of property is this?

Office building - Multi-suite office park with close access to Sawmill Rd & I-270.

Where is this office building located?

The property is located at 6800-6850 Caine Rd Columbus, OH.

What is the asking price?

The asking price for this property is $4,445,000.

What are key features of this property?

This property features: Fully leased multi‑suite office park provides immediate income.; Convenient location with close access to Sawmill Rd & I‑270.; 22 separate office suites offer diverse tenant base.

6800-6850 Caine Rd, Columbus, OH

Multi-suite office park with close access to Sawmill Rd & I-270.

Property Features for 6800-6850 Caine Rd

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Storefront with Basement Storage

Two-Story Office Building with Separate Suites

Temperature-Controlled Flex Building

Spacious Four-Unit Property in Columbus

Two-Story Office Building with Separate Entrances

High Street Commercial Building

Fast-Casual Restaurant on Campus

Renovated Multifamily Property in Columbus

Updated Duplex with Expansion Potential

All Brick Columbus Multi-Family Property

Masonry Office Building with Parking

Renovated Duplex in Old North

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