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Multi-Office Building
New
For Lease
$790,000

5020 Reed Road, Columbus, OH 43220

Commercial Lease, Columbus, OH

Space SizeContact for details
Property Size5,145 SF
Lot Size0.89 Acres
Days on Market6

Property Features for 5020 Reed Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning description LC2
Parking 26
Standard status Active
APN 010-113660
Size 5,145 SF
Lot size 0.89 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 17720

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1998
Floors in Building 1
Listing Agency: Keller Williams Consultants · Keller Williams Realty
Listed By: Kendra Carter · License #2020005067
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 6 at 2:06AM
MLS# 226037556

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,145-square-foot office building dates to 1998 and occupies a 0.89-acre parcel at 5020 Reed Road. Its interior includes multiple office areas, reception and work areas, and hallways. The property is partially leased, with availability for owner occupancy, and has 25 parking spaces.

Reed Road traffic is reported at approximately 11,091 vehicles per day. Public water and public sewer serve the property.

Key Highlights

  • 5,145‑square‑foot office building constructed in 1998
  • 0.89‑acre parcel at 5020 Reed Road
  • 25 parking spaces

Property Analytics

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Current Use

Upper Arlington Speech ... Physician Unified Approach Therapy ... Physician Progressive OT Services Physician Vacca Charise M Physician Mark E Watson ... Insurance Agency

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Locksmith Furniture & Home Goods

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,648
Businesses Nearby

Demographics for 43220, OH

27,736
Population
14,157
Households
2
Avg Household Size
37
Median Age
63%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
4,202
Density / Sq Mi
$77,090
Median Household Income
$49,863
Median Earnings
$1,202
Median Rent
$463,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Columbus, OH

$16.79 /SF/Yr
Avg Asking Price
$3.3–$27.95 /SF/Yr
Price Range
39,837 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - The interior is arranged with several office areas, reception and work areas, and connecting hallways.
Where is this office building located?
The property is located at 5020 Reed Road Columbus, OH.
What is the lease rate?
The lease rate is $790,000.
What are key features of this property?
This property features: 5,145‑square‑foot office building constructed in 1998; 0.89‑acre parcel at 5020 Reed Road; 25 parking spaces
More about this property
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