4700 Reed Road Columbus, OH 43220
Professional office building with flex office opportunity in Upper Arlington.
Property Features for 4700 Reed Road
General Information
- Standard status
- Active
- Size
- 14,714 SF
- Property subtype
- Office / Office
Building Details
- Year Built
- 1972
Listing office Hart Real Estate Agency LLC (614) 738-8384
Listing date Oct 14, 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 Hart Real Estate Agency LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Fully Occupied Building: Benefit from immediate income generation.
- Rare Flex Office Opportunity: Unique flexible office space within the units.
- Private Restroom Facilities in Each Unit: Enhances convenience and appeal.
Local Financial Insights For Industrial
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 | $90.0k | $6.12 |
| − Vacancy | −$6.9k | −$0.47 |
| EGI | $83.1k | $5.65 |
| − OpEx | −$24.9k | −$1.69 |
| NOI | $58.2k | $3.95 |