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4100 Horizons Dr Columbus, OH 43220

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For Sale
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High-yield, 100% occupied medical office

Property size:
31,512 SF

Property Features for 4100 Horizons Dr

General Information

Property type
Medical Office Space
Square Feet
31,512 SF
Class
B
Lot Size
87,120 SF

Building Details

Year Built/Renovated
2001/2002
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 investment opportunity presents a 31,512 square foot, two-story Class B medical office building in Columbus, Ohio's affluent Upper Arlington. Boasting a 9% cap rate and a strong NOI of $505,568, this fully leased property features six tenants, including prominent names like Charles Schwab and Central Ohio Primary Care (COPC), the largest physician-owned primary care organization in the US. The building, constructed in 2001 and renovated in 2002, sits on a 2-acre lot with ample parking (153 spaces). The property benefits from built-in rent increases, offering significant future upside. Located in the Arlington Falls Office Park, the building enjoys high visibility and features modern amenities such as an elevator, electronic access control, and LED lighting. The property is zoned for Office and Research use within the City of Upper Arlington. The Net Rentable area is 30,676 square feet, with a price per square foot of $230.07. The asking price is $5,599,000. This stabilized, value-add investment offers a compelling return, with potential for further growth through annual rent bumps. The current property management is in place and their fees are factored into the provided NOI.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cardiox Corporation Industrial Manufacturer Balanced Chiropractic Alternative Medicine Practice Family Medicine North ... Medical Clinic Meyers Wealth Management Financial Advisor Lowmovers Freight Service

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Columbus
County
Franklin
State
Ohio
Longitude
-83.1023109
Latitude
40.0631013

FAQs

What type of property is this?
Medical Office Space - High-yield, 100% occupied medical office
Where is this medical office space located?
The property is located at 4100 Horizons Dr Columbus, OH.
What is the asking price?
The asking price for this property is $5,599,000.
What are key features of this property?
This property features: Fully leased, 31,512 SF Class B medical office building in Upper Arlington, Columbus, OH, with a 9% cap rate and $505,568 NOI.; NOI projected to increase to $532,584 in year two and approximately 3% annually thereafter, due to built-in rent increases.; Cap rate projected to increase to 9.5% in year two and 10% in year three.
(520) 232-0200 Call to check price and availability
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