Multi-Tenant Office Property For
4100 Horizons Dr Columbus, OH 43220
For Sale
Contact for pricing
Two-story office building in Upper Arlington with executive suites.
Property Size31,512 SF
Lot Size1,500.00 Acres
Price / SF$209.29
Days on Market1271
Property Features for 4100 Horizons Dr
General Information
Standard status
Active
Size
31,512 SF
Lot size
1,500.00 Acres
Property subtype
EXECUTIVE_SUITES
Listing Agency:
Alterra Real Estate Advisors
(614) 545-2164
Listed By:
Russell Joehlin
(614) 545-2164
Source:
Moodyscre
Added: Feb 3, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:45AM
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 Alterra Real Estate Advisors
Investment Insights
Based on property information with market context.
This two-story multi-tenant office property features an executive suite on the second floor. It is located in Upper Arlington, near Henderson Road, providing convenient access to restaurants, retail options, and services. State Route 161, Interstate 270, and State Route 315 are easily accessible from the property. The building offers 24/7 access, a passenger elevator, and ample parking. Shared kitchen and conference room facilities are available. Quality desks and office furniture may be available. The property is professionally managed. Additional services, such as phone answering, are available at an additional cost. Monthly membership is available for cubicle rental space. The property size is 31,512 square feet.
Key Highlights
- Well‑located in Upper Arlington off Henderson Road with easy access to SR 161, I‑270, and SR 315.
- Enjoy 24/7 access.
- Professionally managed property.
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 | $623.9k | $19.80 |
| − Vacancy | −$138.5k | −$4.40 |
| EGI | $485.4k | $15.40 |
| − OpEx | −$121.4k | −$3.85 |
| NOI | $364.1k | $11.55 |
31,512 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.20M
$4.55M – $6.07M
NOI $364,068 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.57M
$5.75M – $7.66M
NOI $459,708 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in Upper Arlington with executive suites.
Where is this office building located?
The property is located at 4100 Horizons Dr Columbus, OH.
What is the asking price?
The asking price for this property is $6,595,000.
What are key features of this property?
This property features: Well‑located in Upper Arlington off Henderson Road with easy access to SR 161, I‑270, and SR 315.; Enjoy 24/7 access.; Professionally managed property.
