Executive House Professional Center – 6797-6827 N. High Street, Worthington, Ohio
CBRE has been retained as the exclusive advisor for the sale of 6797-6827 N. High Street located in Worthington, Ohio. The property consist of a 71,282 square foot three story multi-tenant class B office building and a 17,905 square foot, two story multi-tenant class B office building with a lower floor. The Properties are located on 6.245 acres just north of downtown Worthington in northern Franklin County with easy access to the I-270 (Columbus’ outerbelt), I-71 and SR 315 are approximately 10 miles north of the Columbus CBD. The property is currently 95.9% occupied. Great Stabilized Investment Opportunity.
Investment Highlights
- Stability of Cash Flow – The property was constructed in 1973 and has a great assortment of tenants on with a mixture of lease expirations, considerable tenant specific and difficult to replicate build out.
- In-Place Net Operating Income – The current tenant roster provides Net Operating Income of $417,060.
- Highly Financeable – The property with high occupancy, stable cash flow, and strong location attributes will be highly attractive to lenders that are very active in secondary markets today.
- Strong Location Attributes – Executive House Professional Center is located in Worthington, a northern suburb of Columbus, at the epicenter of a highly qualified Columbus workforce including the upscale neighborhoods of Westerville, Powell, Dublin, Worthington, and New Albany, which are all within a 15 minute drive time.
- For additional information regarding Executive House Professional Center, please visit our website: www.cbremarketplace.com/ExecutiveHouse
Investment Fact Sheet
- Name: Executive House Professional Center
- City/State: Worthington, Ohio
- Type: Office
- SF: 89,187
- Price: $4,500,000
- Cap Rate: 9.27%
Contact Information
- Shad Phipps, CCIM
Senior Associate
Telephone: 1-614-430-5015
Email Address: shad.phipps@cbre.com
- Scott Behrmann
Senior Associate
Telephone: 1-614-430-5087
Email Address: scott.behrmann@cbre.com
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