815 W Broad St

Highlights

• Prime Location
• Long Term Tenancy
• Strategic Accessibility
• Income Stability
• Easily Accessible, Highly Visible Location
• Recession-Proof Nature
• Excellent Demographics
• Strong Market Fundamentals

Description

NAI Ohio Equities is pleased to exclusively market for sale to qualified investors the opportunity to acquire 815 West Broad Street (the “Property”) in Columbus, Ohio. This three-story, medical office building constructed in 2006 on 0.71 acres comprises a rentable area of ±29,645 SF which is currently 100% occupied by three tenants and will have a WALT of 7.4 years. Current ownership will leaseback 65.2% of the building for ten years through its affiliate, Basecamp Recovery. The Property features prominent exterior monument signage, on-site parking, attractive keycard-controlled lobby, a covered, drive-up entry, and efficient floor plates. Located adjacent to the Mount Carmel Hospital College of Nursing within the neighborhood of Franklinton, the area provides strong demographics for medical office with over 356k people within a 5-mile radius. In addition to MCHS College of Nursing the property is adjacent to Thrive Companies redevelopment of the inpatient hospital including 200 apartments in the initial phase. The Property is ideally positioned on West Broad Street, just off SR-315, and approximately one mile from downtown, with convenient access to I-70, I-71, and I-670. With a strong income stream, a long-term WALT, and sticky tenancy, the offering presents a compelling opportunity to acquire high quality real estate in a prime location.

Located near the Mount Carmel Campus and College of Nursing, this property offers exceptional accessibility with convenient connections to major highways including I-70, SR-315, and I-670. Easily reachable from both I-70 and I-71, the building is strategically positioned on West Broad Street/US Route 40, just off Highway 315. Its proximity to downtown, merely one mile to the west, and less than 10 miles from John Glenn Columbus International Airport (CMH), further enhances its strategic location for various purposes.

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