6660 High St Worthington, OH 43085

This two-story, 18,648 square foot Class B office building, located at 6660 N High St in Worthington, Ohio (zip code 43085), presents a compelling investment opportunity. Built in 1954 and extensively renovated in 2019, the property boasts a desirable location on a major thoroughfare with excellent visibility and easy access. The building features 75 paved off-street parking spaces and a new HVAC system and elevator. Currently housing 23 tenants under a gross lease, the building enjoys a 75% occupancy rate, generating a net operating income (NOI) of $149,825. The asking price is $1,495,000, representing a 6.50% cap rate and a pro-forma cap rate of 10.02%. The property's strong tenant base, comprised of local business professionals, ensures long-term stability. The building's excellent condition, coupled with its prime location and potential for sale-leaseback arrangements, makes it an ideal investment for both owner-occupants and investors seeking a high-yield property in the affluent Worthington suburb of Columbus. The property's APN is 100-002598.