700 Taylor Avenue Columbus, OH 43219
Stand-alone industrial/flex building with new lease near downtown Columbus.
Property Features for 700 Taylor Avenue
General Information
- Standard status
- Active
- Size
- 7,020 SF
- Lot size
- 0.61 Acres
- Property subtype
- Industrial / Business
Building Details
- Year Built
- 2000
Listing office Hanna Commercial, LLC (614) 354-7185
Listing date Mar 4, 2025
Source Compass
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 Hanna Commercial, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- New 5‑year lease with a 5‑year option, ideal for a 1031 exchange buyer
- 7,020 sq ft stand‑alone industrial/flex building near downtown Columbus
- Excellent location less than a mile from I‑670 and Leonard Ave on/off ramps
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 | $139.0k | $19.80 |
| − Vacancy | −$30.9k | −$4.40 |
| EGI | $108.1k | $15.40 |
| − OpEx | −$27.0k | −$3.85 |
| NOI | $81.1k | $11.55 |
Alternative Uses
Property Analytics
Current Use by Public Records
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