4000 Indianola Ave Columbus, OH 43214
For Lease
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This exceptional 3,780-square-foot medical office building presents a unique investment opportunity in the desirable Clintonville neighborhood of Columbus, Ohio. Situated at 4000 Indianola Avenue, near Cooke Rd, and easily accessible via I-71 and the COTA bus line, this single-tenant property boasts unparalleled convenience for both patients and staff. The building features six medical office suites, each designed to accommodate a variety of healthcare practices. Suite sizes average 144 square feet for exam rooms, with larger options available, making it ideal for both established practices and new ventures. Ample parking is provided with over 30 spaces, addressing a significant need in this high-demand area. The property sits on a 0.81-acre lot (APN: 010-006599) and is currently offered for sale at $1.2 million. Individual office suites are also available for lease at a gross rate of $850 to $1000 per month. This property offers a blend of investment potential and immediate income generation, making it an attractive proposition for discerning buyers. The building's strategic location and well-designed layout combine to create a highly functional and appealing space for medical professionals. This is a rare opportunity to acquire a thriving medical office building in a thriving Columbus neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.