Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4050-4080 25th St

3,552 SF 100% Leased Office Building Columbus, IN 47203 £394,421 (£111/SF) 9.24% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

Now available for sale is a quaint multi-tenant investment property on the near North East side of Columbus, IN. with visibility to 25th Street. The 4-unit building was updated in 2023 and is now fully leased with quality tenants. The property provides plenty of parking and is easily accessible. Newly landscaped and updated, this property provides a welcoming feel. Property management is in place and available to new owner if desired. This property is broker owned.

Property Facts

Sale Type

Investment NNN

Property Type

Office

Property Subtype

Medical

Building Size

3,552 SF

Building Class

Year Built/Renovated

1972/2023

Price

£394,421

Price Per SF

£111

Net Initial Yield

9.24%

NOI

£36,445

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Typical Floor Size

3,552 SF

Building FAR

0.13

Land Acres

0.64 AC

Zoning

CO (Com: Prof Office) - CO (Commercial: Professional Office)

Parking

20 Spaces (5.63 Spaces per 1,000 SF Leased)

Amenities

Air Conditioning

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 03-96-16-230-010.100-005 03-96-16-230-010.101-005	Improvements Assessment	£302,187
Land Assessment	£126,477	Total Assessment	£428,664