4079 Executive Pkwy Westerville, OH 43081
- Office Properties & Spaces
- 43,593 SF
- 4.87 lot acres
Current Use by Public Records
- ANN INC / Corporate Office
- Utility Sales / Association Or Organization
Property Details for 4079 Executive Pkwy
- Year built
- 1988
- Lot size
- 4.87 lot acres
- Property size
- 43,593 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 43,593 square foot office building, situated on a 4.87-acre lot at 4079 Executive Parkway in Westerville, Ohio, presents a compelling investment opportunity. Ideally located at the gateway to New Albany and Intel, with convenient access to State Route 161 and I-270, this property benefits from the significant economic growth and job creation in the area. The substantial investment in the region, coupled with the property's strategic location, promises strong future returns. The building boasts ample parking, with a ratio of one parking space per 130 square feet (7.23 per 1,000 square feet), and a 12% core factor. This translates to convenient parking for tenants and employees. The sale includes two parcels comprising the total acreage. The asking price is significantly below market value, creating an attractive opportunity for a quick sale. Furthermore, potential economic incentives are available, adding further value to this already compelling investment. This property is poised to capitalize on the ongoing development and expansion in the New Albany area, making it an exceptional investment for discerning buyers. Don't miss this chance to acquire a prime office building in a rapidly growing market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Westerville
- County
- Franklin
- State
- Ohio
- Longitude
- -82.904
- Latitude
- 40.0838