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50 OLD VILLAGE ROAD 50 Old Village Road | Columbus, OH 43228

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50 OLD VILLAGE ROAD 50 Old Village Road | Columbus, OH 43228 FOR SALE | OFFICE 50 OLD VILLAGE ROAD 50 Old Village Road | Columbus, OH 43228 PRESENTED BY: PROPERTY HIGHLIGHTS DOUG WILSON 20,076 SF two store brick medical office building Managing Director Offers long-term tenant and many upgrades 614.206.3881 Excellent marquee signage [email protected] Wireless and wired security system OH #0000350178 Lots of upgrades and improvements Excellent rental history Handicap ramps on both levels Immediate possession for owner occupants 2,500 SF available for lease All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. DISCLAIMER 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. TABLE OF CONTENTS 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH 1. PROPERTY INFORMATION 4 Executive Summary 5 Complete Highlights 6 2. LOCATION INFORMATION 7 Location Maps 8 Aerial Map 9 3. DEMOGRAPHICS 10 Demographics Map 11 Demographics Report 12 4. SALE COMPARABLES 13 Sale Comps 14 Sale Comps Summary 16 West Side Medical Offices Sales 17 West Side Medical Offices Sales 18 West Side Medical Offices Sales 19 West Side Medical Offices Sales 20 West Side Medical Offices Sales 21 West Side Medical Offices Sales 22 West Side Medical Offices Sales 23 West Side Medical Offices Sales 24 West Side Medical Offices Sales 25 5. ADDITIONAL INFORMATION 26 Improvements 27 Hollywood Casino 28 Hollywood Casino 29 Additional Photos 30 Additional Photos 31 Additional Photos 32 Additional Photos 33 Floor Plan 34 6. ADVISOR BIOS 35 Advisor Bio & Contact 1 36 All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 1 PROPERTY INFORMATION All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. SECTION 1 | PROPERTY INFORMATION 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Executive Summary SALE OVERVIEW PROPERTY DESCRIPTION Well kept, two story brick medical office building in Old Village, located in SALE PRICE: $1,650,000 the heart of West Columbus, just minutes away from I-70 and I-270. LOCATION OVERVIEW Located just minutes away from the Columbus Hollywood Casino in West CAP RATE: 7.6% Columbus. Columbus, Ohio is #1 in the Midwest in Job Growth and Population Growth. Columbus, Ohio has an MSA population of approximately 2,000,000 and is home to over 50 universities and 135,000 College Students. NOI: $124,907 Location is considered part of the Casino District (Columbus Hollywood Casino), 2 miles away. As a result infrastructure investments have improved traffic flow in the area. Many properties experiencing new ownership transfers and improvements. BUILDING SIZE: 20,076 SF BUILDING CLASS: B All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 5 SECTION 1 | PROPERTY INFORMATION 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Complete Highlights PROPERTY HIGHLIGHTS • 20,076 SF two store brick medical office building • Offers long-term tenant and many upgrades • Excellent marquee signage • Wireless and wired security system • Lots of upgrades and improvements • Excellent rental history • Handicap ramps on both levels • Immediate possession for owner occupants • 2,500 SF available for lease All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 6 2 LOCATION INFORMATION All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. SECTION 2 | LOCATION INFORMATION 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Location Maps All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 8 SECTION 2 | LOCATION INFORMATION 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Aerial Map All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 9 3 DEMOGRAPHICS All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. SECTION 3 | DEMOGRAPHICS 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Demographics Map POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 11,630 88,655 212,895 MEDIAN AGE 32.7 31.6 32.6 MEDIAN AGE (MALE) 30.3 29.8 31.3 MEDIAN AGE (FEMALE) 34.4 33.0 33.6 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 4,647 35,330 82,770 # OF PERSONS PER HH 2.5 2.5 2.6 AVERAGE HH INCOME $44,579 $50,239 $57,622 AVERAGE HOUSE VALUE $167,696 $143,901 $157,543 All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 11 SECTION 3 | DEMOGRAPHICS 50 OLD VILLAGE ROAD | 20,076 SF | COLUMBUS, OH Demographics Report 1 MILE 3 MILES 5 MILES Total households 4,647 35,330 82,770 Total persons per hh 2.5 2.5 2.6 Average hh income $44,579 $50,239 $57,622 Average house value $167,696 $143,901 $157,543 1 MILE 3 MILES 5 MILES Total population 11,630 88,655 212,895 Median age 32.7 31.6 32.6 Median age (male) 30.3 29.8 31.3 Median age (female) 34.4 33.0 33.6 * Demographic data derived from 2010 US Census All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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