08 Jan The Pulse CBUS: Cornerstone Academy purchases 18mm office property

A weekly update on the commercial real estate landscape of Columbus.

Commercial Sales Recorded Last Week

6005 Nacot Pl, Columbus, OH 43054

Type: Office
Price: $10,500,000 ($153.37 / SF)
Buyer: 6005 NACOT PLACE LLC
Elifin’s Notes: In one of two transactions, The Cornerstone Academy Community School, through an LLC, acquires a former office building in New Albany

4411, 4425 Marketing Pl, Columbus, OH 43125

Type: Industrial
Price: $9,500,000 ($95.13 / SF)
Buyer: NL VENTURES XII GROVEPORT LLC
Elifin’s Notes: A two-building industrial property with manufacturing capabilities sells in Groveport

7525 West Campus Rd, Columbus, OH 43054

Type: Office
Price: $7,500,000 ($129.31 / SF)
Buyer: 6005 NACOT PLACE LLC
Elifin’s Notes: In one of two transactions, The Cornerstone Academy Community School, through an LLC, acquires a former office building in New Albany

5775 Perimeter Dr, Columbus, OH 43017

Type: Office
Price: $3,950,000 ($100.27 / SF)
Buyer: 5775 PERIMETER INVESTMENT LLC
Elifin’s Notes: A two-story multi-tenant office building sells along Perimeter Drive in Dublin

1380 Bethel Rd, Columbus, OH 43235

Type: Retail
Price: $3,800,000
Buyer: PREMIER COMMERCIAL PROPERTIES #5 LLC
Elifin’s Notes: A newly constructed gas station/convenience store location sells near the Don Scott Airport on Bethel Road

3.56 acres Old Hamilton Rd, Columbus, OH 43230

Type: Land
Price: $2,139,600 ($13.77 / Land SF)
Buyer: GZD INVESTMENTS 4 LLC
Elifin’s Notes: GZD Investments 4 LLC purchases 3.5+ acres out of an existing tract of land near the intersection of Old Hammond Road and East Dublin Granville Road

770 Jasonway Ave, Columbus, OH 43214

Type: Office
Price: $2,100,000 ($99.89 / SF)
Buyer: SALT BOX REAL ESTATE HOLDINGS LLC
Elifin’s Notes: Salt Box Real Estate Holdings LLC acquires a two-story multi-tenant medical office building in the Olentangy Commons area

477 E Columbus St, Columbus, OH 43206

Type: Multifamily
Price: $800,000 ($80,000 / Unit)
Buyer: ATKINS REAL ESTATE INVESTMENTS LLC
Elifin’s Notes: Local investor purchases a multifamily property near the corner of South Washington Avenue and East Columbus Street

4110 – 4120 Indianola Ave, Columbus, OH 43214

Type: Office
Price: $575,000 ($117.35 / SF)
Buyer: WALID PROPERTIES LLC
Elifin’s Notes: An office property sells in Clintonville near I-71

5830 N High St, Worthington, OH 43085

Type: Office
Price: $500,000 ($72.43 / SF)
Buyer: SUNSHINE HOUSING LLC
Elifin’s Notes: A brick multi-story office building, built in 1963, sells in Worthington on North High Street

5101 Bentley Ln, Columbus, OH 43220

Type: Retail
Price: $390,000
Buyer: MAG BENTLEY ENTERPRISES LLC
Elifin’s Notes: A self-service car wash property changes hands on Bentley Lane near Bethel Road

88 N High St, New Albany, OH 43054

Type: Office
Price: $300,000 ($150.30 / SF)
Buyer: A & B WAGNER INVESTMENTS LTD
Elifin’s Notes: An office, formerly a dwelling, built in 1920 and used as a veterinarian clinic changes hands along North High Street in New Albany

6927 Harrisburg Pike, Columbus, OH 43146

Type: Retail
Price: $300,000 ($75.08 / SF)
Buyer: B AND W PROPERTIES LLC
Elifin’s Notes: A retail property changes hands along Harrisburg Pike near I-71

2481 Cleveland Ave, Columbus, OH 43211

Type: Retail
Price: $238,900 ($39.23 / SF)
Buyer: HAYLES FAMILY DEVELOPMENT LLC
Elifin’s Notes: At a sizeable uptick in sale price since its last exchange in 2023, a unique property with multiple configurations available, retail/office/warehouse, sells in the North Linden area

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.