Medical Office Building Near
For Sale
Contact for pricing
99 Brice Road N, Columbus, OH 43213
Class A medical office building near Mount Carmel East Hospital.
Property Size66,270 SF
Price / SF$0.00
Days on Market276
Property Features for 99 Brice Road N
General Information
Standard status
Active
Size
66,270 SF
Class
A
Property subtype
Office
Lease Term
NNN
Site & Location
Neighborhood
Far East
Building Details
Building Size
66,270 SF
Year Built
2005
Properties For Sale
at 99 Brice Road N Contact usSuite 100
Size
4,134 SF
Type
Medical
Term
Negotiable
Suite 110
Size
2,520 SF
Type
Medical
Term
Negotiable
Suite 240
Size
2,435 SF
Type
Medical
Term
Negotiable
Suite 300
Size
3,169 SF
Type
Medical
Term
Negotiable
Suite 300+320
Size
6,479 SF
Type
Medical
Term
Negotiable
Suite 320
Size
3,350 SF
Type
Medical
Term
Negotiable
Suite 360
Size
3,734 SF
Type
Medical
Term
Negotiable
Show more
Listing Agency:
NAI Ohio Equities
Listed By:
Philip Bird, SIOR
(614) 557-9967
Source:
Ohioequities
Added: Jan 27
Changed: Oct 26
Last Checked: Oct 28 at 5:34AM
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 NAI Ohio Equities
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 99 Brice Road N is a Class A, three-story medical office building encompassing 62,877 square feet. It is situated in the East Medical Corridor, in close proximity to Mount Carmel East Hospital. The building offers a parking ratio of 5.2 per 1,000 square feet, along with a patient drop-off area. The property features a mix of medical specialties, including an ambulatory surgery center with 3 operating rooms, an on-site laboratory, research facilities, gastroenterology, OB/GYN, sleep specialist, and primary care services. The building includes an updated lobby and common areas, two passenger elevators, and a common area conference room. It provides convenient access to I-270 and E. Broad Street. Monument signage opportunities are available.
Key Highlights
- Prime Class "A" medical office building in the East Medical Corridor.
- Close proximity to Mount Carmel East Hospital.
- Synergistic mix of medical specialties, including an ambulatory surgery center and on‑site laboratory.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$765,637
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,312,740
$15.3M
Cap Rate 7%
$10,937,671
$10.9M
Cap Rate 9%
$8,507,078
$8.5M
Market Conditions
NOI Build-Up for 66,270 SF
Gross rent
$1.31M $19.80/SF
− Vacancy
−$291.3K −$4.40/SF
EGI
$1.02M $15.40/SF
− OpEx
−$255.2K −$3.85/SF
NOI
$765.6K $11.55/SF
Area
Columbus, OH
Vacancy
22.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,312,740
Cap Rate 7%
$10,937,671
Cap Rate 9%
$8,507,078
Alternative Uses
Best Use
Healthcare Medical
$11.29M
$9.88M – $13.17M
NOI $790,150 @ 7.0% cap · market cap 5,285,284.28%
Second Best
Office B
$10.94M
$9.57M – $12.76M
NOI $765,637 @ 7.0% cap · market cap 5,121,317.73%
Theoretical Best
Office A
$13.81M
$12.08M – $16.11M
NOI $966,770 @ 7.0% cap · market cap 6,466,688.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 43213, OH
35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Columbus, OH
Similar Off Market Nearby
- Ingrid A. Schweinfurth, DVM — 295 Lancaster Ave, Reynoldsburg, OH 43068, United States
- Indian Creek Veterinary Hospital — 295 Lancaster Ave, Reynoldsburg, OH 43068
- Jonathan M. White, DVM — Veterinary Hospital, 295 Lancaster Ave, Reynoldsburg, OH 43068
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office building near Mount Carmel East Hospital.
Where is this medical office space located?
The property is located at 99 Brice Road N Columbus, OH.
What are key features of this property?
This property features: Prime Class "A" medical office building in the East Medical Corridor.; Close proximity to Mount Carmel East Hospital.; Synergistic mix of medical specialties, including an ambulatory surgery center and on‑site laboratory.
