Two-Story Office
For Sale
$5,800,000
807 Kinnear Road, Columbus, OH 43212
Two-story office building with a glass atrium, 93 parking spaces, and a new roof for office or medical use.
Property Size29,000 SF
Price / SF$200
Days on Market107
Property Features for 807 Kinnear Road
General Information
Standard status
Active
Size
29,000 SF
Class
B
Total Parking Spaces
93
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
29,000 SF
Year Built
1996
Stories
2
Listing Agency:
Elford Realty, Inc
Listed By:
Andy Mills, SIOR, CCIM
(614) 582-5521
Source:
Elfordrealty
Added: Jul 4
Changed: Oct 12
Last Checked: Oct 16 at 8:11AM
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 Elford Realty, Inc
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Investment Insights
Based on property information with market context.
The property is a highly visible, two-story office building offering approximately 29,000 square feet of space. The design includes a large glass atrium, and recent improvements include a new roof. The building provides 93 parking spaces, supporting convenient access for occupants and visitors. The offering is also described as accommodating short-term lease structures for flexibility with existing tenancy and potential owner-occupant occupancy.
The building is located in the Upper Arlington/Grandview/OSU corridor with visibility and signage along Kinnear Road. The remarks cite proximity to Lennox Town Center, Ohio State and West Campus, SR 315, I-670, and Downtown Columbus.
The highest and best use is stated to support both office and medical users, aligning the building’s configuration with professional and healthcare-oriented requirements.
The building is located in the Upper Arlington/Grandview/OSU corridor with visibility and signage along Kinnear Road. The remarks cite proximity to Lennox Town Center, Ohio State and West Campus, SR 315, I-670, and Downtown Columbus.
The highest and best use is stated to support both office and medical users, aligning the building’s configuration with professional and healthcare-oriented requirements.
Key Highlights
- Highly visible 29,000 SF two‑story office building in the Upper Arlington/Grandview/OSU corridor
- Prominent Kinnear Road frontage with signage opportunities
- Large glass atrium design
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$345,773
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,915,460
$6.9M
Cap Rate 7%
$4,939,614
$4.9M
Cap Rate 9%
$3,841,922
$3.8M
Market Conditions
NOI Build-Up for 29,000 SF
Gross rent
$626.4K $21.60/SF
− Vacancy
−$50.1K −$1.73/SF
EGI
$576.3K $19.87/SF
− OpEx
−$230.5K −$7.95/SF
NOI
$345.8K $11.92/SF
Area
Columbus, OH
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,915,460
Cap Rate 7%
$4,939,614
Cap Rate 9%
$3,841,922
Alternative Uses
Best Use
Healthcare Medical
$4.94M
$4.32M – $5.76M
NOI $345,773 @ 7.0% cap · market cap 5.96%
Second Best
Office B
$4.79M
$4.19M – $5.58M
NOI $335,046 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$6.04M
$5.29M – $7.05M
NOI $423,062 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 43212, OH
24,171
Population
13,506
Households
1.8
Avg Household Size
30
Median Age
78%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,533
Density / Sq Mi
$74,952
Median Household Income
$59,037
Median Earnings
$1,382
Median Rent
$514,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbus, OH
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with a glass atrium, 93 parking spaces, and a new roof for office or medical use.
Where is this office building located?
The property is located at 807 Kinnear Road Columbus, OH.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Highly visible 29,000 SF two‑story office building in the Upper Arlington/Grandview/OSU corridor; Prominent Kinnear Road frontage with signage opportunities; Large glass atrium design
