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    Multi-Tenant Office Building For Sale Title is generated by Realmo AI

    7620 Olentangy River Rd, Columbus, OH

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    Two-story, 7,000 SF office building near I-270.

    Type:OFFICE
    Property size:
    7,000 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $150/SF
    Added:
    Nov 25, 2025
    Days on Market:
    224
    Last Refresh:
    May 19 at 10:22 pm

    Property Features for 7620 Olentangy River Rd

    General Information

    Standard status
    Active
    Size
    7,000 SF
    Lot size
    0.51 Acres
    Property subtype
    OFFICE

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    Robert LeVeck
    Robert LeVeck

    Listing office LeVeck Commerical Real Estate

    Listing date Nov 25, 2025

    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 LeVeck Commerical Real Estate

    HighLights

    • 7% cap rate
    • 7,000 SF multi‑tenant office building
    • Long‑term tenants
    • Two‑story building
    • Close to I‑270
    • 15 minutes from downtown Columbus

    Overview

    This is a two-story, 7,000 SF multi-tenant office building. It is located close to I-270 and approximately 15 minutes from downtown Columbus. The property is for sale at a 7% Cap Rate and has long-term tenants.

    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 $138.6k $19.80
    − Vacancy −$30.8k −$4.40
    EGI $107.8k $15.40
    − OpEx −$27.0k −$3.85
    NOI $80.9k $11.55
    7,000 SF · lease $19.80/SF/yr · vacancy 22.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $80,873 @ 7.0% cap · market cap 7.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.46M
    $1.28M – $1.70M (±1% cap)
    NOI $102,118 @ 7.0% cap · market cap 9.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    National Healthcare Access ... Social Service Agency Bodine Perry fka ... Accounting Firm Robinson Maynard & Associates Accounting Firm Hartford Development Group Construction Company

    Suggested Use

    Restaurant Auto Repair Shop Big Box & Wholesale Store Hair Salon Auto Parts Store Nail Salon Gym & Fitness Center Spa & Massage Center Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -83.0343
    Latitude
    40.1215

    FAQs

    What type of property is this?
    Office building - Two-story, 7,000 SF office building near I-270.
    Where is this office building located?
    The property is located at 7620 Olentangy River Rd Columbus, OH.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: 7% cap rate; 7,000 SF multi‑tenant office building; Long‑term tenants
    (614) 582-4765 Call to check price and availability
    More about this property
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