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
Overview
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.
Listing Details MLS# 215022451
Location Property Info
- Original List Price
- 1599000
- 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
- MLS Entry Date
- 2015-06-24
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
- # of Docks
- Yes
- Dock Size
- 12X12
- Number of Units
- Yes
- # of Floors Above Gr
- Yes
- Total Parking
- 40
- Year Built Status
- 1968
- Year Built
- 1968
- Use Code
- 429 - OTHER RETAIL STRUCTURES
- Lot Size (Side)
- 465
- Acreage
- 1.22
- Assoc/Condo Fee
- 0
Tax Info
- Parcel #
- 140-003283-00
- Zoning
- Commercial
- Mult Parcels/Sch Dis
- No
- Assessment
- None Known
- Tax Year
- 2014
- Taxes (Yrly)
- 34626
- Tax Incentive
- No
Status Change Info
- Under Contract Date
- 2017-04-01
- Sold Date
- 2017-05-01
- Sold Price/SqFt
- 51.56
T Reimburses L
- Curr Yr Est $/SF TRL
- 2.25
- All
- Yes
- Building Insurance
- Yes
- Cam
- Yes
- Janitorial
- Yes
- Maint/Repairs
- Yes
- RE Taxes
- Yes
- Utilities
- Yes
More Information
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
Auction Info
- Auction/Online Bidding Y/N
- No
Sale Info
- Seller Assisted Fin
- Y
- Seller/Buyer Concessions
- Y
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
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.
Income/Expenses
- Gross Income
- 144000
- Net Operating Income
- 104000
- Total Expenses
- 40000
Addl Acceptance Cond
- None Known
- Yes
Misc Int & Ext Info
- Parking Ratio/1000
- 2.1
Construction
- Block
- Yes
Heat Fuel
- Gas
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Heat Type
- Forced Air
- Yes
Electric
- 3 Phase
- Yes
- Single Phase
- Yes
Sprinkler
- None
- Yes
Business Type
- Arts and Entertainment
- Yes
- Auto Service
- Yes
- Church
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Shopping Center
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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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