5890 Venture DrDublin, OH 43017

Property Details for 5890 Venture Dr

Year built

2002

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

5,528 SF

Property type

Office properties

Property subtype

Other office properties

APN

273-010942

APU

273010942

Description

This exceptional freestanding office building in Dublin, Ohio, presents a unique opportunity for ownership or lease. Located at 5890 Venture Drive, this single-tenant property boasts 5,528 square feet and sits on a 0.06-acre lot. The building features ample parking with 30 spaces and is conveniently situated near the I-270 freeway/Avery Road exit, providing easy access to Rt. 33 and Perimeter Drive. The property is separately metered for gas and electric, offering cost efficiency. Flexible lease options are available, accommodating single or multiple tenants. The building can be leased as one to three contiguous suites, with the smallest unit at 1,382 square feet and the first floor available as one or two suites (1,382 or 2,764 square feet). A modified gross lease of $15 per square foot is offered for all three suites, encompassing rent, CAM, taxes, and condo fees. Tenant responsibilities are limited to utilities, janitorial services, and internet. Existing furniture is available for tenant use. Should less than all three suites be leased, the rate will increase to $18 per square foot. The APN is 273-010942. This is a below-market lease opportunity in a prime Dublin location.

• CAP approach

  CAP return

  Valuation

  6%

  $765,565

  6.5%

  $706,675

  7%

  $656,199

• Comparable approach

  Method

  Valuation

  Relative Method

  $517,089

  Geo Method

  $517,089

• Alternative Use

  Use

  Valuation

  Residential

  $876,277

  Hospitality

  $802,665

  Educational

  $667,808

  Medical

  $690,775

  Retail

  $1,038,813

Location Insight

City

Dublin

County

Franklin

State

Ohio

Latitude

40.1012

Longitude

-83.1494

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].