4081 W Broad Street, Columbus, OH 43228 (MLS# 211017874)

4081 W Broad Street, Columbus, OH 43228

$3,500,000

Property Type: Commercial Lease Square Footage: 141,481 Lot Size (sq. ft.): 552,341 Status: Closed

Current Price: $3,500,000 List Date: 5/18/2011 Last Modified: 12/28/2024

Overview

Description

141,481 sq. ft. shopping center on 12.679 acre site directly across from the new casino site. Opportunity to re-position this under-developed property. Currently 73% occupied at below market lease rates.

Listing Details MLS# 211017874

Location Property Info

Original List Price: 3950000
Property Sub Type: Shopping Center
Street #: 4081
Street PreDirection: W
Street Name: Broad
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43228
Township: Franklin

OfficeContract Info

MLS Entry Date: 2011-05-09

General Property Info

Previous Use: Shop. Ctr.
Total SqFt Available: 141865
Bldg Sq Ft: 141481
Max Cont Sqft Avail: 141481
Minimum Sqft Avail: 141481
# of Floors Above Gr: Yes
Year Built: 1986
Acreage: 12.68

Tax Info

Parcel #: 140-007390
Mult Parcels/Sch Dis: Yes
Tax Year: 2010
Taxes (Yrly): 139408.46

Status Change Info

Under Contract Date: 2012-06-19
Sold Date: 2012-12-14

T Reimburses L

Curr Yr Est $/SF TRL: Yes

More Information

Lease Information

Was Leased: No

Location & Property Info

List Price/SqFt: 279.19
City (Mailing Addr): Columbus
Dist To Interchange: 1
Corp LimitPerAuditor: None

Office/Contract Info

For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 10

Remarks & Misc

Property Description: 141,481 sq. ft. shopping center on 12.679 acre site directly across from the new casino site. Opportunity to re-position this under-developed property. Currently 73% occupied at below market lease rates.

Income/Expenses

Gross Income: 820000
Net Operating Income: 483087
Total Expenses: 309173

Addl Acceptance Cond

None Known: Yes

Misc Int & Ext Info

Drive-In Doors Size: 10x12

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided

Listing Office: Commercial One Realty, Inc.

Listing Agent: Stephen D Holzer

Last Updated: December - 28 - 2024

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