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6880 Perimeter Dr, Dublin, OH 43016

Office building in Dublin's Perimeter West Professional Village.

Property Size4,444 SF
Price / SF$219.40
Days on Market699

Property Features for 6880 Perimeter Dr

General Information

Standard status Active
Size 4,444 SF
Property subtype Office
Lease Type NNN

Building Details

Year Built 2007
Stories 1
Units 1
Listing Agency: Allied Real Estate Advisors
Listed By: Ryan McHugh · License #OH 2019002855
Source: Crexi
Added: Nov 6, 2024 Changed: Oct 6 Last Checked: Oct 5 at 6:55PM

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.

Located in the Perimeter West Professional Village, 6880 Perimeter Drive is situated in Dublin, Ohio. The property contains 4,444 square feet. The location is near Dublin Methodist Hospital and the new Mount Carmel Dublin. Numerous restaurants, bars, hotels and other amenities, including Bridge Park, are also nearby.

Key Highlights

  • Exceptional Dublin location in Perimeter West Professional Village
  • Minutes from Dublin Methodist Hospital and Mount Carmel Dublin
  • Proximity to numerous restaurants, bars, and hotels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,715
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,300 $1.1M
Cap Rate 7%
$781,643 $781.6K
Cap Rate 9%
$607,944 $607.9K
Market Conditions
NOI Build-Up for 4,444 SF
Gross rent
$96.0K $21.60/SF
− Vacancy
−$23.0K −$5.18/SF
EGI
$73.0K $16.42/SF
− OpEx
−$18.2K −$4.10/SF
NOI
$54.7K $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%
$1,094,300
Cap Rate 7%
$781,643
Cap Rate 9%
$607,944

Alternative Uses

Best Use
Office B
$781.6K
$683.9K – $911.9K (±1% cap)
NOI $54,715 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$906.0K
$792.8K – $1.06M (±1% cap)
NOI $63,420 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Dr. Scott T. ... Pediatrician Dr. Christopher D. ... Pediatrician Deborah Mckee Physician Tracy King Physician Alix ChiroRehab Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

Demographics for 43016, OH

44,517
Population
19,919
Households
2.2
Avg Household Size
36
Median Age
69%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
2,343
Density / Sq Mi
$110,518
Median Household Income
$69,917
Median Earnings
$1,530
Median Rent
$413,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building in Dublin's Perimeter West Professional Village.
Where is this office building located?
The property is located at 6880 Perimeter Dr Dublin, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Exceptional Dublin location in Perimeter West Professional Village; Minutes from Dublin Methodist Hospital and Mount Carmel Dublin; Proximity to numerous restaurants, bars, and hotels
(614) 940-2978 Call to check price and availability
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