OFFICE INVESTMENT FOR SALE 1108 City Park Ave & 79 Thurman Ave Columbus, 43206

46,000 & 5,000 +/- Square Foot Buildings

Stephen Tucker & Todd Schiff [email protected] & [email protected] 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com Property Description

GREAT GERMAN VILLAGE OFFICE INVESTMENT! Great investment opportunity located in the heart of German Village at the corner of City Park Ave & Thurman Ave. City Park Place offers the charm and advantages of being in German Village with the convenience of a modern luxury office building without the usual parking shortages. It consists of two office buildings totaling 51,000 SF. There are approximately 120 on-site parking spaces. City Park Place offers tenants the convenience of being part of the central downtown business district combined with the warm, casual feel of historic German Village. Just one block from High Street for easy access to downtown and nearby major highways (I-70, I-71, and I-670). City Park Place is within walking distance to Schiller Park, German Village restaurants, and galleries. It is unlike any other business location in German Village!

Address: 1108 City Park Ave & 79 Thurman Ave Columbus, OH 43206 County: Franklin PID: 010-048856 Location: SEC of Thurman Ave & City Park Ave & East of S. High St 1108 City Park Avenue Building Size: 46,000 +/- SF 100% Leased Height: 4 Story

79 Thurman Avenue Features: Building Size: 5,000 +/- SF • Built in 1900 50 % Leased Height: 2 Story • Originally was a shoe and watch factory Available for Lease: 2,500 +/- SF office space • Complete renovation in 1998-2000 on the 2nd floor • New roof 2000 List Price: $6,950,000 • New windows: CAP Rate: 6.75% 108 City Park Ave - 2000 79 Thurman Ave - 2015 & 2018 Zoning: R2F Residential Parking Map

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1108 City Park Ave 79 Thurman Ave Property Location

Dodge Park

Brewery District

S HIGH ST Scioto Audubon German Metro Village Park

South Franklinton S HIGH ST SCIOTO RIVER

GREENLAWN AVE THURMAN AVE

Berliner McCoy Park Park

Great Location! German Village Minutes to Downtown Columbus 15 minutes to Columbus Airport 20 minutes to Easton and Polaris Property Location

Click here to see zoning text Street Maps Aerial & Plat Maps Demographics & Traffic GERMAN VILLAGE COMMUNITY PROFILE

www.germanvillage.com Make a Memories Here a Memories Here Make Geography Parks and Landmarks Parks “German Village is memorable for a thousand reasons, a thousand Village is memorable for “German individuals the to intimately personal are which all of The sense of to reside in or visit the neighborhood. fortunate is beauti- architecture historic is palpable, the community ful, and the history is visible. German Village easily is not for- live, work, is a vibrant place to neighborhood Our gotten. foun- a is built on character of sense Our play. and shop, see richness — in our history, our dation of community. We tradition, and our social We see new genera- interaction. more living, created urban of brand own our enjoying tions of trailblazers”. generations than 50 years ago by previous “German Village when is an incredible place to be. You feel it parks. gateway or explore our the Third Street you cross through another one top of Millions of individualplaced on bricks were to form this Village. can’t be replicated. We live What we have it with great passion — because we un- this way — and protect other”. like no neighborhood is a have we what that derstand German Village is bound by Pearl Living- East west; the on Street Lath- ston Avenue on the north; Grant rop Street, Brust Street, and Street, Jaeger Avenue, Blackberry Alley on the east; south. the on Lane and Nursery Schiller Park, named after Johann Christoph Friedrich Christoph Johann after named Schiller Park, von Schiller (1759-1805), meeting a community was once recre- site of the is now It immigrants. German for ground ational facilities, that hosts gardens, and an amphitheater the plays during Shakespearean of live performances free of Columbus. summer months courtesy of Actors’ Theatre Rein- and City Park, Street [22] It is bounded by Jaeger center hard, and Deshler Avenues. It has been the area’s activities for festivals since the 1800s. and neighborhood along City Park Avenue, 23-acre park’s main entrance, The by Hun- sponsored Gardens, Huntington with the visitors greets and the Bank and maintained by volunteers, National tington park by local the to was presented The statue Schiller statue. , statue in casting of the residents in 1891. It is a second and Widnmann von by Max executed and designed Germany, was transported Columbus statue 1863. The May 9, unveiled on free of charge across the Atlantic. The park is also home to the citizens of German Vil- the dedicated to Fountain, missing original sculpture. the replace 1996 to lage in October Boundaries City Highlights City Commission Village Italian Unique Urban Design Unique Urban Welcome to the Village to Welcome Today Today, German Village is a model of urban neighborhood urban Village is a model of German Today, and revitalization – a nationally recognized preservation price in the neighborhood success story. The average home Village $1 million. The over well several are is $377,450 and has a single commercially strip along Livingston Av- zoned is mixed use. There neighborhood rest of the and the enue, Mo- Street, Third businesses along of concentration is some The Village hawk Street and Whittier Avenue, too. is mostly homes with of sturdy, red-brick a residential neighborhood brick-paved streets. tree-lined, fences along iron wrought A highway bridge over is all that separates the separates 70 is all that Interstate A highway bridge over but Columbus, downtown District from Village Historic German between difference the interstate, the east from looks as one of the sits just north old and new is glaring. A 20+ story structure struc- Village, no in German and just south, bridge, interstate spire of the Five blocks south, stories. three than higher is ture stands 197’ St. Mary Church off the sidewalk over and towers and sidewalks are orange it. Structures around everything pavers. still brick half) are (about streets many and masonry, histo- sense of have a recreated Village does not German with ry or kitschy Bavarianit is a neighborhood feel ~ rather, dating from the 1840s-1890s architecture that has been pre- commercial residential and as a shared its use and served, their walk to People maintained. has been neighborhood due to the overwhelming destinations, park on the street lev- absence of driveways, and live life at a very pedestrian only dense ~ very often is extremely neighborhood el. The and many struc- structures, inches separate neighboring Village is nota- German multi-family use. built for were tures appearance has changed so little. because its bly different German Village is a historic neighborhood just south of down- German Village is a historic platted in 1814 in Columbus’s town Columbus, Ohio. Initially area primarily developed South End, the German Village was settled largely by German im- between 1840 and 1914. It descendants at one time migrants in the mid 1800s. German of the population of the entire comprised as much as a third city of Columbus. COLUMBUS COMMUNITY PROFILE

Downtown remains essential to the overall economic health of the city. With only 1 percent of the city’s land area, downtown employers house over 17 percent of all jobs in Columbus. As a business rates vacancy office with booming is city the location, near historic lows. A critical part of the city’s efforts to ensure downtown remains the premier employment center in the region is to invest in and grow the residential population. Investments in public amenities are also critical to the long-term health of downtown. Columbus serves as headquarters to major national Columbus serves as headquarters to major national and multinational corporations, including Nationwide Mutual Insurance, L Brands, Huntington Bancshares, In recent American Electric Power (AEP), and Big Lots. as a years, the healthcare industry has emerged growth sector, with the city boasting four nationally recognized health system employers; each employ thousands of healthcare workers and contribute billions of dollars to the local economy. Columbus Employment Downtown Development Downtown - - - -

City Highlights City Columbus Housing tion is well educated, with over 33 percent having earned a tion is well educated, with over 33 percent having the national av bachelor or advanced degree compared to Columbus 11th erage of 29 percent. City Observatory ranked young adults by nationwide for increase in college educated percentage of population. Demographic and has a The population of Columbus is diverse, young, city’s popula growth rate double the national average. The ing neighborhoods, community health, and the environment. ing neighborhoods, community Welcome to Columbus to Welcome in 1812 and has been the capital of Columbus was founded years. As the 15th largest populat the State of Ohio for 200 ed city in the , covering 228 square miles, the ed city in the United States, for its historic neighborhoods, city is recognized nationwide and sporting district, open attitude, booming downtown arts quality of life. The city’s economy is and notably affordable prides itself on being at the very diverse and the community reform, fiscal responsibility, and public forefront of education in the future of Columbus have safety. Economic investments major initiatives focused on improv created jobs and spurred options, and a thriving local economy. In Nationwide’s Health of Housing Markets 2016 Q2 report, the Columbus housing market was ranked 35th nationwide. Columbus is known for its vibrant, unique neighborhoods. Throughout the city, there are a variety of living options with many neighborhoods consisting of smaller communities within its borders. Residents are able to live in areas that range from historically preserved German Village, to the popular Short North, or newly developed downtown condominums. The City of Columbus’ housing market is booming with trendy and desirable neighborhoods, affordable housing County Highlights franklin county

DEMOGRAPHICS

1,264,597 33.8 RESIDENTS MEDIAN AGE

480,946 $52,341 HOUSEHOLDS MEDIAN HOUSEHOLD INCOME

FRANKLIN COUNTY EMPLOYMENT BY INDUSTRY WORKFORCE EMPLOYMENT BY INDUSTRY

FRANKLIN COUNTY Construction 4.1% UNEMPLOYMENT RATE and Mining Manufacturing Government helor US Associate Associate US Bachelor Bac 3% Wholesale 16% 5% Trade 4%

Other Retail Trade % 25+ WITH 44.3% Services 3% 9% ASSOCIATE DEGREE OR HIGHER 38.8% Leisure and Transportation Hospitality 10% 6% and Utilities

% 25+ WITH 37.6% 8% Financial Activities BACHELOR’S DEGREE 16% OR HIGHER 30.6% Education and Health 20% 01020304050 Franklin U.S. Professional and County Average Business Services

LARGEST PRIVATE SECTOR EMPLOYERS

COMPANY FTE OPERATIONS Nationwide 13,400 HQ, software development, analytics, data center HQ, distribution of pharmaceuticals and medical devices, radiopharmaceutical Cardinal Health, Inc. 5,058 production JPMorgan Chase & Co. 4,700 Major back office, software development, card manufacturing, data center American Electric Power Company, Inc. 3,627 Utilities HQ, R&D, smart grid technology, transmissions, data center Alliance Data Systems Corporation 3,057 Card services unit HQ, transactions processing, data center Defense Supply Center Columbus 3,000 HQ of the Land and Maritime Supply Chain, distributin of supplies Express Scripts 2,441 Pharmaceuticals distribution, customer service Verizon Communications Inc. 2,406 Telecommunications back office, customer service, switching operations, data center Gap, Inc. 2,200 Distribution and fulfillment of apparel, customer service Abercrombie & Fitch Co. 2,200 HQ, distribution and fulfillment of apparel, software development

Source: U.S. Census Bureau, 2016 Population Estimates; U.S. Census Bureau, American Community Survey 2015; EMSI, 2017; Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020 (2016 average)

FACTBOOK 11 Market Highlights

COLUMBUS ECONOMIC MARKET FORTUNE 1000 HEADQUARTERS

MATT McCOLLISTER Vice President, Economic Development 150 South Front ST, Suite 200 Columbus, OH 43215 Phone: (614)225.6953 Email: [email protected]

Marion County

Knox County Logan County

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80 COLUMBUS 70 PITTSBURGH INDIANAPOLIS A – Scotts Miracle-Gro Co. I – Bob Evans Farms 71 CINCINNATI B – Pacer J – Retail Ventures Inc. 70 ST. LOUIS RICHMOND C – Cardinal Health K – American Electric Power LOUISVILLE 64 D – Worthington Industries L – Nationwide 64 E – Mettler-Toledo International, Inc. M – Limited Brands 65 77 F – Big Lots N – Abercrombie & Fitch G – Huntington Bancshares O – Greif 40 H – Hexion Specialty Chemicals/Momentive 75

Performance Materials 77 ATLANTA Offering Memorandum

This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guar- antee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, inde- pendent investigation of the property for your needs. All potential buyers must take appropri- ate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained informa- tion is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum.

A prospective purchaser must make its own independent investigations, projections, and con- clusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the prop- erty. Each prospective purchaser and /or broker proceeds at its own risk.