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600 Lakeview Plaza Blvd Worthington, OH 43085

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For Sale
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50,000 SF Flex Space, High Occupancy Potential

Property size:
50,418 SF

Property Features for 600 Lakeview Plaza Blvd

General Information

Property type
Distribution properties
Square Feet
50,418 SF
Class
B
Lot Size
256,568 SF

Building Details

Year Built
1998
Buildings
1
Stories
2

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Listing Contact
Brad Kitchen
Brad Kitchen

Listing Agency: Alterra Real Estate Advisors Listing Agent: Brad Kitchen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 50,418-square-foot office-warehouse property presents a compelling investment or owner-occupant opportunity in Worthington, Ohio. Situated on a 5.89-acre lot, this two-story brick building boasts 220 parking spaces and prominent freeway signage visible from I-270, benefiting from an average vehicle passing daily exceeding 163,950. Built in 1998, the Class B property features a mix of high-end office space and warehouse area, including loading docks and drive-in doors. Recent improvements include a new roof and parking lot. The building is equipped with a backup generator and a sprinkler system. Currently 50% occupied, this multi-tenant property offers a value-add opportunity due to below-market rents. The property is zoned Industrial (I-1) within the City of Worthington and has a Franklin County parcel number 100-005938-00. The building offers 47,530 rentable square feet and benefits from long-term credit tenants. An 8% cap rate makes this a strong investment prospect. This property is a dynamic asset in a prime Columbus suburban location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Worthington
County
Franklin
State
Ohio
Longitude
-83.0013049
Latitude
40.1145697

FAQs

What type of property is this?
Distribution property - 50,000 SF Flex Space, High Occupancy Potential
Where is this distribution property located?
The property is located at 600 Lakeview Plaza Blvd Worthington, OH.
What are key features of this property?
This property features: Value-add opportunity with below-market rents and 52% occupancy.; Below replacement cost purchase price.; Two-story brick office/warehouse building, constructed in 1998.
(520) 232-0200 Call to check price and availability
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