Amie Lenhart 6145402404

805 Hillsdowne Rd 6,256 SF 100% Leased Office Building Westerville, OH 43081 $860,000 ($137.47/SF) 7% Cap Rate

INVESTMENT HIGHLIGHTS

Brick Exterior
Free Standing
100% Leased

Multi Tenant Building
City of Westerville

805 Hillsdowne Road_$860K 2025

FINANCIAL SUMMARY (ACTUAL - 2023)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$93,995	$15.02
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$93,995	$15.02
Taxes	$13,600	$2.17
Operating Expenses	$18,389	$2.94
Total Expenses	$31,989	$5.11
Net Operating Income	$62,006	$9.91

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual	$93,995
Annual Per SF	$15.02

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$93,995
Annual Per SF	$15.02

Taxes
Annual	$13,600
Annual Per SF	$2.17

Operating Expenses
Annual	$18,389
Annual Per SF	$2.94

Total Expenses
Annual	$31,989
Annual Per SF	$5.11

Net Operating Income
Annual	$62,006
Annual Per SF	$9.91

PROPERTY FACTS

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

6,256 SF

Building Class

Year Built

2000

Price

$860,000

Price Per SF

$137.47

Cap Rate

NOI

$60,200

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

3,063 SF

Slab To Slab

10’

Building FAR

1.20

Lot Size

0.12 AC

Zoning

C - Commercial - C - Commercial

24 Hour Access
Central Heating

Air Conditioning

PROPERTY TAXES

Parcel Number	080-011387	Total Assessment	$165,550 (2024)
Land Assessment	$10,360 (2024)	Annual Taxes	$13,600 ($2.17/SF)
Improvements Assessment	$155,190 (2024)	Tax Year	2023