100 Dorchester SqWesterville, OH 43081

Property Details for 100 Dorchester Sq

Year built

2001

Lot size

0.27 AC

Property size (Sq ft)

10,280 SF

Property type

Office properties

Property subtype

Office buildings

APN

080-011323

APU

80011323

Description

This exceptional Westerville office space, located at 100 Dorchester Square, offers 2,562 square feet of immediately available space within a larger 7,686 square foot building. The property is a traditional office building also offering executive office suites, making it ideal for a variety of business needs. The space features eight private offices, a convenient kitchen, and an open work area, providing flexibility for different team configurations. The monthly rent is $4,216.63, which equates to a full-service rate of $19.75 per square foot. Utilities and janitorial services are included in the lease, minimizing operational overhead for tenants. Tenants are responsible for their own internet service. The building boasts ample surface lot parking for employees and clients, ensuring convenient access. Common area restrooms are readily available for shared use. This is a multi-tenant building with a variety of office spaces available, offering a vibrant and collaborative work environment. The property is situated in the Westerville submarket, providing excellent access to local amenities and transportation networks. This turnkey solution is perfect for businesses seeking a move-in ready, well-maintained office space with all the essential amenities included. Don't miss this opportunity to secure your ideal workspace in a desirable Westerville location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,936,245

  6.5%

  $1,787,303

  7%

  $1,659,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $961,591

  Geo Method

  $961,591

• Alternative Use

  Use

  Valuation

  Residential

  $2,216,256

  Hospitality

  $2,030,078

  Educational

  $1,689,001

  Medical

  $1,747,088

  Retail

  $2,627,335

Location Insight

City

Westerville

County

Franklin

State

Ohio

Latitude

40.1065

Longitude

-82.9221

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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