1015 E Broad St, Columbus, OH
Renovated office building near Downtown Columbus with parking available.
- Added:
- Nov 7, 2024
- Days on Market:
- 585
- Last Refresh:
- May 20 at 8:55 pm
Property Features for 1015 E Broad St
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 0.24 Acres
- Property subtype
- OFFICE
Listing agent Brad L Kitchen, SIOR (614) 327-4366
Listing office Alterra Real Estate Advisors (614) 327-4366
Listing date Nov 7, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Alterra Real Estate Advisors
HighLights
- Prime East Broad Street location in Olde Town East
- Up to 12,000 SF of individual office space available
- Fully renovated office building
- 40 parking spaces
- Secure building with key fob access, cameras, and intercom with remote access
- Shared conference room
Overview
Local Financial Insights For Office B
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 | $237.6k | $19.80 |
| − Vacancy | −$52.7k | −$4.40 |
| EGI | $184.9k | $15.40 |
| − OpEx | −$46.2k | −$3.85 |
| NOI | $138.6k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9736
- Latitude
- 39.9649
