5005 Horizons Dr, Upper Arlington, OH
Class A office space available on the entire 2nd floor.
- Added:
- Oct 25, 2024
- Days on Market:
- 598
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 5005 Horizons Dr
General Information
- Standard status
- Active
- Size
- 5,814 SF
- Lot size
- 0.29 Acres
- Property subtype
- OFFICE
Listing agent Joey Lamb (614) 460-4412
Listing office JLL | Columbus (614) 460-4444
Listing date Oct 25, 2024
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 JLL | Columbus
HighLights
- Unbeatable location & access
- Class A office space
- Entire 2nd floor available
- Owner/occupant opportunity
- Asking price: $2,215,000
Overview
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 | $125.6k | $21.60 |
| − Vacancy | −$30.1k | −$5.18 |
| EGI | $95.4k | $16.42 |
| − OpEx | −$23.9k | −$4.10 |
| NOI | $71.6k | $12.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Upper Arlington
- County
- Franklin
- State
- Ohio
- Longitude
- -83.1024
- Latitude
- 40.0617
