Property profile

3650 Olentangy River Rd Columbus, OH 43214

FOR LEASE
Office buildings
Property ID
US66-0742399
103,584 SF 4.37 ac lot Built 1986
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional four-story medical office building, located at 3650 Olentangy River Rd in Columbus, Ohio, offers a variety of leasing opportunities. The building boasts a total of 77,000 square feet, with multiple tenancy options available. Currently, there is 14,579 square feet of vacant space ready for immediate occupancy. Spaces range from a minimum of 4,062 square feet to a maximum contiguous space of 5,824 square feet, providing flexibility for practices of various sizes. The building is conveniently situated in Franklin County, zip code 43214, and offers ample parking with 249 spaces for patients and staff. This prime location provides excellent visibility and accessibility for medical professionals seeking a thriving practice environment. The building's classification as a medical office ensures it meets the specific needs and requirements of healthcare providers. This is an unparalleled opportunity to establish or expand your medical practice in a well-maintained and strategically located building. Contact us today to learn more about the available spaces and lease terms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Total area 103,584 SF
Lot 4.37 ac (190,270 SF)
APN 010-103193
UPID US66-0742399

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Employment Agency
  • Physician
  • Crisis Center Medical Clinic

Location

3650 Olentangy River Rd Columbus, OH 43214
Columbus metro Census 7812 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.59M
Blend (final) Blend
$12.33M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2018
Price N/A
2017
$2.9M
2015
$8.5M
2001
$4.4M
2000
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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