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Biotechnology Office Building
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3435 STELZER RD, Columbus, OH 43219

Life science office property with an established biotechnology tenancy, substantial parking, and access to Columbus’s Easton-area retail amenities.

Property SizeContact for details
Days on Market11

Property Features for 3435 STELZER RD

General Information

Standard status Active
Total Parking Spaces 1238
Property subtype Office
Occupancy 82%

Additional Details

Highway Access Yes

Building Details

Year Built 1995
Buildings 1
Parking Ratio 5.3 per 1,000 SF
Owner Occupied No
Listing Agency: CBRE - Healthcare Capital Markets
Listed By: Jaime Jones Vantsa · License #100103493
Source: Crexi
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 20 at 9:30AM

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 CBRE - Healthcare Capital Markets

Investment Insights

Based on property information with market context.

The office property at 3435 Stelzer Rd in Columbus, Ohio, serves as a biotechnology and life science facility occupied by Sarepta Therapeutics. The tenant has been at the property since 2018 and has expanded twice, with the latest expansion in January 2025 bringing its footprint to 191,316 square feet, or 82% of the NRA. Originally constructed in 1995, the building was expanded in 2019 and has received additional improvements since 2018.

Access is provided from interstate 270, with 1,238 parking spaces and a parking ratio of 5.3 per 1,000 square feet. The property is within walking distance of Whole Foods, Trader Joe’s, Sam’s Club, Costco Wholesale, Dick’s Sporting Goods, and the two million square foot Easton Town Center. The tenancy provides 9.3 years of weighted average lease term and 2.8% annual rent increases.

Key Highlights

  • 191,316 square feet occupied by Sarepta Therapeutics, representing 82% of the NRA
  • Sarepta Therapeutics tenancy in place since 2018 with two expansions
  • 1,238 parking spaces with a ratio of 5.3 per 1,000 square feet

Property Analytics

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Current Use

Cavanal Hill Funds Bank Trinity Homes Construction Company Homewood Homes Construction Company Ambassador Homes Construction Company

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Hair Salon Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

82%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 43219, OH

30,457
Population
13,210
Households
2.3
Avg Household Size
33
Median Age
22%
College-Educated
82%
High-School Grad
16.0 sq mi
ZIP Area
1,904
Density / Sq Mi
$51,860
Median Household Income
$32,459
Median Earnings
$1,191
Median Rent
$173,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Columbus, OH

14.1% 2019
20.2% 2020
23.4% 2021
26.3% 2022
25.6% 2023
24.1% 2024
23.5% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Life science office property with an established biotechnology tenancy, substantial parking, and access to Columbus’s Easton-area retail amenities.
Where is this office building located?
The property is located at 3435 STELZER RD Columbus, OH.
What is the asking price?
The asking price for this property is $40,342,000.
What are key features of this property?
This property features: 191,316 square feet occupied by Sarepta Therapeutics, representing 82% of the NRA; Sarepta Therapeutics tenancy in place since 2018 with two expansions; 1,238 parking spaces with a ratio of 5.3 per 1,000 square feet
More about this property
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