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    FOR SALE
    Office buildings

    99 Brice Rd N, Columbus, OH 43213

    67,526 SF 7.89 ac lot Built 2005
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US66-1099918
    Property summary
    AI-generated overview

    This Class A medical office building, located at 99 North Brice Road in Columbus, Ohio (zip code 43213), offers exceptional opportunities for medical professionals. The Pentagon Medical Building boasts a total of 19,596 square feet, with 12,130 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 3,350 square feet. The building is situated in Franklin County and provides convenient access for patients and staff. Its classification as a Class A building signifies its high-quality construction, modern amenities, and desirable location. The property is ideal for a variety of medical practices seeking efficient and well-appointed office space. This is a rare opportunity to secure prime medical office space in a thriving Columbus location. The building's design and layout are well-suited to accommodate a range of medical specialties. Interested parties are encouraged to inquire about lease terms and availability. The property combines the benefits of a prime location with the functionality and appeal of a modern Class A building. This is an excellent opportunity to establish or expand a medical practice in a highly sought-after area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 2005
    Total area 67,526 SF
    Lot 7.89 ac (343,732 SF)
    APN 520-278466
    UPID US66-1099918
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Vasu Medical Group Inc Medical Clinic
    • Johnson John A MD Daycare Center
    • Access Behavioral Network Medical Clinic
    • Centricity Research Research Institute
    • Dr. Samir Arora, MD Medical Examiner
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $12.80M
    Comparable Approach Comparable
    $13.12M
    Blend (final) Blend
    $13.32M
    Owner & transaction history
    Westev Columbus LLC · 10 yrs held
    Westev Columbus LLC
    since 2016
    4 recorded transactions
    2019
    2016
    2016
    $11.1M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $15.4M +66.8%
    Auto repair, garage $10.7M +16.0%
    Apartment house (5+ units) $9.8M +6.0%
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    More about this property
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