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Property Detail

West Broad Street
Prestigious, 195,530-SF Class A office building situated on a prominently visible corner lot .
$3,500,000

Description

  • Prestigious, 195,530-SF Class A office building situated on a prominently visible corner lot in the heart of Franklinton, a neighborhood in Columbus.
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  • Rare opportunity to acquire a brand-new asset with valuable upside by taking advantage of the positive leasing momentum in the surrounding community.
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  • Preferably sited 8.3 miles from the John Glenn Columbus International Airport (CMH), the second-busiest airport in Ohio excellent for business travel.
  • Beneficially located within the Gravity mixed-use development with direct access to St/US Hwy 40 and 2.3 miles from the I-670 and I-71 interchange.
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  • Primely positioned in one of the fastest-growing submarkets in Columbus with sought-after proximity to the city’s top amenities and housing options.

Executive Summary

Allied Real Estate Advisors (“Allied”), as exclusive advisor, is pleased to present the opportunity for a value-focused investor to purchase one of the most high-profile office buildings in Columbus, Ohio, Building C at Gravity II. The property, located at 455 W Broad Street, is a newly constructed, six-story Class A office building consisting of 195,530 square feet. The building features 24-hour and secured access, flexible floor plates with open plans, and anchor tenant signage availability.

Located just outside the core of Downtown Columbus, the Gravity Development is recognized as the world’s largest conscious community, designed with intentionality, creativity, and purpose. In December 2023, Columbus Underground named Gravity the Top Columbus Urban Development project. The development collectively includes 929 multifamily units, 250,000 square feet of office space, 50,000 square feet of retail space, and 1,438 parking spaces.

Prominently located in the heart of Franklinton, one of the fastest-growing submarkets in Columbus, Ohio’s Central Business District, the property’s location is ideal in terms of proximity to walkable amenities, including some of the city’s top lounges, restaurants, and housing options. 455 W Broad Street is also ideally located about 8 miles from the John Glenn Columbus International Airport (CMH), the second-busiest airport in Ohio and a premier destination for business travel. Companies are choosing to locate in Franklinton because the neighborhood offers a strategic advantage by providing a dynamic, and innovative environment that supports growth, collaboration, and success in a rapidly evolving urban landscape.

Building C at Gravity II offers investors an opportunity to acquire one of the most high-profile office buildings in Central Ohio with substantial remaining upside. Gravity II provides the most in-demand office space in today’s market, which is new construction, easy access to parking, a central location, and abundant amenities within walking distance. The next owner will be positioned to take advantage of the positive leasing momentum that has been recently completed at the building and in the immediate surrounding area.

Property tours are available by appointment only. Please contact the broker to schedule.

 

Prestigious, 195,530-SF Class A office

Listing ID : 00542

SKU: 542

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Price History

DateEventPrice
December 2 2024Listed$3,500,000.00