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    5950 Hamilton Rd Columbus, OH 43230

    For Lease
    $21 SF/Yr

    Columbus, OH: Premium Office Suites Available

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building, located at 5950 Hamilton Rd in Columbus, Ohio, offers 45,000 square feet of brand-new, versatile space. Completed in 2023, the three-story building sits on 3.63 acres of land and provides multiple tenancy options, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 45,000 square feet. Currently, the entire 45,000 square feet is available for lease. The property boasts 244 parking spaces for ample tenant and visitor convenience. Its strategic location at the Hamilton and 161 intersection in the Westerville submarket (Columbus East submarket cluster) provides easy access to major transportation arteries and a thriving business community. The Franklin County address (APN 010-300583) places this property within close proximity to significant employers, including a major retail center and a planned Ohio State University Wexner Medical Center outpatient facility. The building's design caters to various office needs, including executive, medical, creative, and traditional office spaces. This prime location offers unparalleled access to a large daytime workforce and a robust retail environment, making it an ideal location for businesses seeking a modern, efficient, and strategically located office space. The property is situated in a rapidly growing area with excellent access to amenities and a strong workforce.

    Property Features for 5950 Hamilton Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Class
    A
    Total Rate
    80625

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor
    Size
    15,000 SF
    Rate per SF
    $21
    Space
    2nd Floor
    Size
    15,000 SF
    Rate per SF
    $21
    Space
    3rd Floor
    Size
    15,000 SF
    Rate per SF
    $21

    HighLights

    • 45,000 square feet of brand‑new Class A office space available for lease in a three‑story building.
    • Located at 5950 Hamilton Rd, Columbus, OH (Westerville submarket), at the Hamilton and 161 intersection.
    • Completed in 2023, situated on 3.63 acres with 244 parking spaces.
    • Divisible space from 5,000 to 45,000 square feet; entire building currently available.
    • Excellent access to major transportation, amenities, and a strong workforce near significant employers, including a major retail center and a planned OSU Wexner Medical Center outpatient facility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.84812089743
    Latitude
    40.079615331148

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    FAQs

    What type of property is this?
    Office space - Columbus, OH: Premium Office Suites Available
    Where is this office space located?
    The property is located at 5950 Hamilton Rd Columbus, OH.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 45,000 square feet of brand-new Class A office space available for lease in a three-story building.; Located at 5950 Hamilton Rd, Columbus, OH (Westerville submarket), at the Hamilton and 161 intersection.; Completed in 2023, situated on 3.63 acres with 244 parking spaces.
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    Columbus, OH 43230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5950 Hamilton Rd Columbus, OH 43230
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