6400 Broad StColumbus, OH 43213

Property Details for 6400 Broad St

Year built

1974

Lot size

3.51 AC

Property size (Sq ft)

62,500 SF

Property type

Office buildings

APN

520-121657

APU

520121657

Description

This exceptional four-story, 62,500-square-foot Class B medical office building presents a unique investment opportunity in Columbus' thriving medical submarket. Constructed in 1974 and extensively renovated in 2015, the property boasts six suites and is conveniently located on East Broad Street, near Outerbelt St. The building features one elevator and ample space for various medical practices. Currently, there is a significant contiguous block of 32,000 to 32,500 square feet available for lease, spanning floors one, two, and three. The first floor offers a blend of move-in ready space (3,500 square feet of built-out medical office) and shell space (7,500 square feet) ideal for retail, medical, or general office use. The second and third floors each provide approximately 6,000 and 15,000 square feet respectively of partially built-out office space, offering flexibility for tenant customization. The property is zoned for medical offices (APN: 520-121657-00) and presents a compelling opportunity for expansion or consolidation within the Columbus medical community. This is a single building property with multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $10,879,330

  6.5%

  $10,042,458

  7%

  $9,325,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,846,250

  Geo Method

  $5,846,250

• Alternative Use

  Use

  Valuation

  Residential

  $12,452,648

  Hospitality

  $11,406,559

  Educational

  $9,490,123

  Medical

  $9,816,503

  Retail

  $14,762,414

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9816

Longitude

-82.8318

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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