4250 W Broad Street, Columbus, OH 43228
$1,000,000
Property Type:
Commercial Lease
Square Footage:
19,393
Lot Size (sq. ft.):
53,143
Status:
Closed
Current Price:
$1,000,000
List Date:
5/05/2017
Last Modified:
1/10/2025
Description
Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.
Supplements: ********
More Information MLS# 215022451
Location & Property Info
List Price/SqFt: 61.88
City (Mailing Addr): Columbus
Dist To Interchange: 0.25
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: Yes
Lease Rate $/Sq Ft: 5
General Property Info
Previous Use: Retail/Furniture
Total SqFt Available: 19393
Bldg Sq Ft: 19393
Max Cont Sqft Avail: 19393
Minimum Sqft Avail: 19393
Occupancy Rate: 100
Total Parking: 40
# of Docks: 1
Dock Size: 12X12
Lot Size (Side): 465
Year Built Status: 1968
Assoc/Condo Fee: 0
Use Code: 429 - OTHER RETAIL STRUCTURES
Number of Units: 1
# of Floors Above Gr: 1
Year Built: 1968
Acreage: 1.22
Tax Info
Zoning: Commercial
Mult Parcels/Sch Dis: No
Assessment: None Known
Taxes (Yrly): 34626
Tax Incentive: No
Parcel #: 140-003283-00
Tax Year: 2014
Remarks & Misc
Property Description: Former HH Gregg now Payless Furniture at 4250 W. Broad St. 19,393 SF freestanding retail on 1.23 acres. Fantastic visibility at first light East of I - 270 & Broad Street exit. Outstanding pylon signage with exposure to 100,000 VPD on I - 270 at Hollywood Casino exit. Currently leased at $12,000/month though 10/18 (do not disturb on going business/employees). 15,514 SF of retail space and 3,879 warehouse with dock. Property is for sale at $1,200,000 or lease at $5.00 PSF NNN. Fantastic parking and exposure. Ideal for any owner user, retailer or commercial use. Traffic light entrance and immediate access to I - 270 via Broad Street exit. Redeveloping area with high traffic on main artery to Hollywood Casino. Please contact agent for additional details.
Status Change Info
Sold Price/SqFt: 51.56
Under Contract Date: 2017-04-01
Sold Date: 2017-05-01
Sold Price: $1,000,000
Income/Expenses
Gross Income: 144000
Net Operating Income: 104000
Total Expenses: 40000
Addl Acceptance Cond
None Known: 1
T Reimburses L
All: 1
Building Insurance: 1
Cam: 1
Janitorial: 1
Maint/Repairs: 1
RE Taxes: 1
Utilities: 1
Curr Yr Est $/SF TRL: 2.25
Lease Info
Term Desired: 5
Will LL Remodel: No
Finish Allow/SQFT $: 0
Suite Info 1
SQ FT: 19393
Date Available: 2015-08-01
Financials
Financials ForYearOf: 2014
Gross Rental Income: 144000
Effective Income: 144000
Other Income: 0
Vac & Cr Loss: 0
Expenses
R.E. Taxes: 34626
Property Insurance: 5085
Misc Int & Ext Info
Parking Ratio/1000: 2.1
Construction
Block: 1
Heat Fuel
Gas: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Heat Type
Forced Air: 1
Electric
3 Phase: 1
Single Phase: 1
Auction Info
Auction/Online Bidding Y/N: No
Sprinkler
None: 1
Business Type
Arts and Entertainment: 1
Auto Service: 1
Church: 1
Restaurant: 1
Retail: 1
Shopping Center: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: Y
Seller/Buyer Concessions: Y
Location Property Info
Original List Price: 1599000
Sold Price: $1,000,000
Property Sub Type: Retail
Street #: 4250
Street PreDirection: W
Street Name: Broad
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43228
Subdiv/Cmplx/Comm: Former HH Gregg - Payless Furniture
Township: Franklin
OfficeContract Info
Status: Closed
MLS Entry Date: 2015-06-24
Property Features
Addl Acceptance Cond: None Known
T Reimburses L: All; Building Insurance; Cam; Janitorial; Maint/Repairs; RE Taxes; Utilities
Heat Fuel: Gas
Heat Type: Forced Air
Electric: 3 Phase; Single Phase
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction: Block
Sprinkler: None
Business Type: Arts and Entertainment; Auto Service; Church; Restaurant; Retail; Shopping Center
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Gregory J Hrabcak
Last Updated: January - 10 - 2025
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