Distinctive Office Building with Garage
For Sale
Contact for pricing
5815 Wall Street, Dublin, OH 10011
Updated office building offering a mix of open workspace and private offices, plus expansive garage-style doors and ample parking.
Property Size22,514 SF
Price / SF$224.97
Days on Market161
Property Features for 5815 Wall Street
General Information
Standard status
Active
Size
22,514 SF
Property subtype
Office
Lease Type
Modified Gross
Building Details
Year Renovated
2020
Buildings
1
Listing Agency:
Allied Real Estate Advisors
Listed By:
Ross Lanford · License #SAL.2006002024
(614) 906-5757
Source:
Crexi
Added: Apr 29
Changed: Oct 1
Last Checked: Oct 5 at 3:43PM
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 Allied Real Estate Advisors
Investment Insights
Based on property information with market context.
5815 Wall St is a recently updated office building featuring a combination of open-concept workspace and private offices. The interior finishes have been described as high-end and immaculate, and the layout is designed to support both collaboration and focused work.
The property includes expansive garage-style doors intended to create an indoor-outdoor experience with abundant natural light. It also offers ample on-site parking for employees and visitors.
Overall, the building is presented as a flexible, modern office environment within the Dublin, Ohio submarket.
The property includes expansive garage-style doors intended to create an indoor-outdoor experience with abundant natural light. It also offers ample on-site parking for employees and visitors.
Overall, the building is presented as a flexible, modern office environment within the Dublin, Ohio submarket.
Key Highlights
- Updated office building with high‑end finishes throughout
- Flexible interior layout with open‑concept workspace and private offices
- Expansive garage‑style doors designed for an indoor‑outdoor experience
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,192
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,543,840
$5.5M
Cap Rate 7%
$3,959,886
$4.0M
Cap Rate 9%
$3,079,911
$3.1M
Market Conditions
NOI Build-Up for 22,514 SF
Gross rent
$486.3K $21.60/SF
− Vacancy
−$116.7K −$5.18/SF
EGI
$369.6K $16.42/SF
− OpEx
−$92.4K −$4.10/SF
NOI
$277.2K $12.31/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,543,840
Cap Rate 7%
$3,959,886
Cap Rate 9%
$3,079,911
Alternative Uses
Best Use
Office B
$3.96M
$3.46M – $4.62M
NOI $277,192 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.59M
$4.02M – $5.35M
NOI $321,297 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
697
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Updated office building offering a mix of open workspace and private offices, plus expansive garage-style doors and ample parking.
Where is this office building located?
The property is located at 5815 Wall Street Dublin, OH.
What is the asking price?
The asking price for this property is $5,065,000.
What are key features of this property?
This property features: Updated office building with high‑end finishes throughout; Flexible interior layout with open‑concept workspace and private offices; Expansive garage‑style doors designed for an indoor‑outdoor experience
