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Office

Wilson Road Office

330 E Wilson Bridge Rd, Worthington, OH 43085

Listing Price: $1,545,000

Cap Rate
8.50%
Gross SF
13,000
Rentable SF
13,000
Price/Gross SF
$118.85
Lot Size
1.39 acres
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to present to market available for sale the Wilson Road Office Building – a fully occupied 13,000 square foot, professional office building located in Worthington, Ohio. Wilson Road Office Building was built in the 1990’s but has been extremely well maintained and updated over the
years, which has proven to keep demand and interest in the location sustained with high historical occupancy. The subject property is currently fully occupied and provides a strong in-place cash flow with upside potential in replaceable below market rents.

Wilson Road Office Building is located in the Columbus MSA. The Columbus MSA is the
5th largest Midwest MSA, and the 30th largest in the country, with a reported 2.16 M
residents in the 2020 census. The Wilson Road Office Building is positioned as a
community-serving Class B professional office building located within the neighborhood
of Worthington, Ohio.

Wilson Road Office Building is situated along Wilson Bridge Road / I. 270 – a densely
populated commercial corridor that gets approximately 31,610 VPD – with immediate
access to/from Interstate 270, 71, as well as State Road 23. The subject property is
located in the middle of middle of two fantastic trade submarkets with Dublin to the
West, and Westerville to the East. The immediate proximity to both major markets as
well as downtown Columbus is key for the continued demand for the historical, current,
and future tenant mix for the property.

Wilson Road Office Building is situated on 1.39 acres and features an ample 52 surface
parking spaces that lead to one main entrance and exit. Additionally, the building features
a new roof that was installed in July of 2021 as well as brand new HVAC system that was
installed in the summer of 2023.

Why Wilson Road Office?
With a stable in place cash flow secured by a strong
professional user, the property showcases a consistent
tenancy and is a rare opportunity for an investor to capitalize
with upside potential in rental increases and replaceable,
below market rent for an extremely strong submarket.

Investment Highlights

  • New Roof and HVAC in the Last Three Years
  • Strong in Place Cap with Value-Add Potential
  • Low Management and Maintenance Product Type and Tenancy
  • 10 Minutes from The Ohio State University
  • Centrally Located Between Three Strong Submarkets

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $1,545,000

Cap Rate
8.50%
Gross SF
13,000
Rentable SF
13,000
Price/Gross SF
$118.85
Lot Size
1.39 acres
Year Built
1997

Investment Highlights

  • New Roof and HVAC in the Last Three Years
  • Strong in Place Cap with Value-Add Potential
  • Low Management and Maintenance Product Type and Tenancy
  • 10 Minutes from The Ohio State University
  • Centrally Located Between Three Strong Submarkets

Investment Overview

Marcus & Millichap is pleased to present to market available for sale the Wilson Road Office Building – a fully occupied 13,000 square foot, professional office building located in Worthington, Ohio. Wilson Road Office Building was built in the 1990’s but has been extremely well maintained and updated over the years, which has proven to keep demand and interest in the location sustained with high historical occupancy. The subject property is currently fully occupied and provides a strong in-place cash flow with upside potential in replaceable below market rents. Wilson Road Office Building is located in the Columbus MSA. The Columbus MSA is the 5th largest Midwest MSA, and the 30th largest in the country, with a reported 2.16 M residents in the 2020 census. The Wilson Road Office Building is positioned as a community-serving Class B professional office building located within the neighborhood of Worthington, Ohio. Wilson Road Office Building is situated along Wilson Bridge Road / I. 270 – a densely populated commercial corridor that gets approximately 31,610 VPD – with immediate access to/from Interstate 270, 71, as well as State Road 23. The subject property is located in the middle of middle of two fantastic trade submarkets with Dublin to the West, and Westerville to the East. The immediate proximity to both major markets as well as downtown Columbus is key for the continued demand for the historical, current, and future tenant mix for the property. Wilson Road Office Building is situated on 1.39 acres and features an ample 52 surface parking spaces that lead to one main entrance and exit. Additionally, the building features a new roof that was installed in July of 2021 as well as brand new HVAC system that was installed in the summer of 2023. Why Wilson Road Office? With a stable in place cash flow secured by a strong professional user, the property showcases a consistent tenancy and is a rare opportunity for an investor to capitalize with upside potential in rental increases and replaceable, below market rent for an extremely strong submarket.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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