600 Lakeview Plz Blvd Worthington, OH 43085
- Office buildings
- 50,418 SF
- 5.90 lot acres
Current Use by Public Records
- Fast Insurance Agency Ohio / Insurance Agency
- Custom Glass Solutions / Glass Industry / Glass Manufacturer
- Supreme Air / Heating Contractor / Heating
- Patient Advocacy NCO Financial / Financial Planner
- Guardian Auto Glass LLC / Auto Glass Shop
Property Details for 600 Lakeview Plz Blvd
- Year built
- 1988
- Lot size
- 5.90 lot acres
- Property size
- 50,418 SF
- Property type
- Office buildings
- APN
- 100-005938
- APU
- 100005938
Description
This exceptional 50,418-square-foot office-warehouse property presents a compelling investment or owner-occupant opportunity in Worthington, Ohio. Situated on a 5.89-acre lot, this two-story brick building boasts 220 parking spaces and prominent freeway signage visible from I-270, benefiting from an average vehicle passing daily exceeding 163,950. Built in 1998, the Class B property features a mix of high-end office space and warehouse area, including loading docks and drive-in doors. Recent improvements include a new roof and parking lot. The building is equipped with a backup generator and a sprinkler system. Currently 50% occupied, this multi-tenant property offers a value-add opportunity due to below-market rents. The property is zoned Industrial (I-1) within the City of Worthington and has a Franklin County parcel number 100-005938-00. The building offers 47,530 rentable square feet and benefits from long-term credit tenants. An 8% cap rate makes this a strong investment prospect. This property is a dynamic asset in a prime Columbus suburban location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worthington
- County
- Franklin
- State
- Ohio
- Longitude
- -83.001
- Latitude
- 40.1143
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
