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    Multi-Tenant Office Property For Sale Title is generated by Realmo AI

    4100 Horizons Dr, Columbus, OH 43220

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    Two-story office building in Upper Arlington with executive suites.

    Type:EXECUTIVE_SUITES
    Property size:
    31,512 SF
    Lot size:
    1,500.00 Acres
    Price / SF:
    $209/SF
    Added:
    Feb 3, 2023
    Days on Market:
    1226
    Last Refresh:
    Apr 5 at 8:05 pm

    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

    Properties For Sale

    at 4100 Horizons Dr Contact us

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    Listing Contact
    Brad L Kitchen, SIOR

    Listing agent Brad L Kitchen, SIOR

    Listing office Alterra Real Estate Advisors

    Listing date Feb 3, 2023

    Source Moodyscre

    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

    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.
    • Shared kitchen and conference room available.
    • Passenger elevator.
    • Plentiful parking.

    Overview

    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.

    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 $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 (±1% cap)
    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 (±1% cap)
    NOI $459,708 @ 7.0% cap · market cap 6.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardiox Corporation Industrial Manufacturer Balanced Chiropractic Alternative Medicine Practice Family Medicine North ... Medical Clinic Meyers Wealth Management Financial Advisor Lowmovers Freight Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -83.1022
    Latitude
    40.0629

    FAQs

    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.
    (614) 327-4366 Call to check price and availability
    More about this property
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