Class A Office
For Sale
Contact for pricing
1405 Dublin Road, Columbus, OH 43215
Class A office building with 2014 renovation and LEED Gold certification, offering space totaling 12,945 square feet.
Property Size12,945 SF
Price / SF$225.96
Days on Market100
Property Features for 1405 Dublin Road
General Information
Standard status
Active
Size
12,945 SF
Class
A
Property subtype
Office
Site & Location
Neighborhood
West Scioto
Building Details
Year Renovated
2014
Stories
2
Listing Agency:
Allied Real Estate Advisors
Listed By:
Ryan McHugh · License #OH 2019002855
(614) 940-2978
Source:
Crexi
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 28 at 8:56AM
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 Allied Real Estate Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
1405 Dublin Road is a 12,945 SF Class A office building. The property is LEED Gold-certified and underwent a gold-standard renovation in 2014.
Located in the Grandview submarket, the building is described as having strong visibility and scenic views of the Scioto River.
For sale and lease, the asset is positioned to serve office users seeking a Class A workplace within the Grandview area.
Located in the Grandview submarket, the building is described as having strong visibility and scenic views of the Scioto River.
For sale and lease, the asset is positioned to serve office users seeking a Class A workplace within the Grandview area.
Key Highlights
- 12,945 SF Class A office building available for lease and for sale
- LEED Gold‑certified property with gold‑standard renovation completed in 2014
- Located in the Grandview Submarket
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,557
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,991,140
$3.0M
Cap Rate 7%
$2,136,529
$2.1M
Cap Rate 9%
$1,661,744
$1.7M
Market Conditions
NOI Build-Up for 12,945 SF
Gross rent
$256.3K $19.80/SF
− Vacancy
−$56.9K −$4.40/SF
EGI
$199.4K $15.40/SF
− OpEx
−$49.9K −$3.85/SF
NOI
$149.6K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,991,140
Cap Rate 7%
$2,136,529
Cap Rate 9%
$1,661,744
Alternative Uses
Best Use
Office B
$2.14M
$1.87M – $2.49M
NOI $149,557 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M
NOI $188,846 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Class A office building with 2014 renovation and LEED Gold certification, offering space totaling 12,945 square feet.
Where is this office building located?
The property is located at 1405 Dublin Road Columbus, OH.
What is the asking price?
The asking price for this property is $2,925,000.
What are key features of this property?
This property features: 12,945 SF Class A office building available for lease and for sale; LEED Gold‑certified property with gold‑standard renovation completed in 2014; Located in the Grandview Submarket
