04 Nov The Pulse CBUS: Multifamily condo portfolio sells for 24mm

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

Commercial Sales Recorded Last Week

993-1076 Josephine Claire Wy, Columbus, OH 43220

Type: Multifamily
Price: $24,050,000 ($210,965 / Unit)
Buyer: KP TIC I LLC
Elifin’s Notes: A collection of 114 residential condominium units collectively known as Kendall Park within the Olentangy Commons area.

6520 W Campus Oval, Columbus, OH 43054

Type: Office
Price: $5,980,000 ($386.21 / SF)
Buyer: FLAGSHIP NEW ALBANY W CAMPUS OVAL LLC
Elifin’s Notes: A medical office property sells in New Albany.

2900 Airport Dr, Columbus, OH 43219

Type: Hospitality
Price: $4,619,675 ($55,659 / Unit)
Buyer: NEXGEN HOSPITALITY LLC
Elifin’s Notes: The Country Inn & Suites by Radisson (Columbus Airport location) has changed hands.

525 Short St, Columbus, OH 43215

Type: Retail
Price: $1,370,000 ($141.08 / SF)
Buyer: TOW LTD
Elifin’s Notes: A restaurant property sells near the Scioto Audubon Metro Park.

3780 Ridge Mill Dr, Columbus, OH 43026

Type: Office
Price: $900,000 ($125.73 / SF)
Buyer: JOCRI LLC
Elifin’s Notes: An office property trades in the Mill Run area.

2693, 2711 Morse Rd, Columbus, OH 43224

Type: Retail
Price: $750,000 ($334.82 / SF)
Buyer: PREESA LLC
Elifin’s Notes: Preesa LLC has acquired an auto sales & repair property in the Northern Lights area.

2700 N High St, Columbus, OH 43202

Type: Retail
Price: $650,000 ($261.36 / SF)
Buyer: FAYIZ LLC
Elifin’s Notes: A fast food property trades just south of Glen Echo Run.

5945 Sawmill Rd, Columbus, OH 43017

Type: Office
Price: $550,000 ($210.24 / SF)
Buyer: MD1STOP PRIMARY CARE LLC
Elifin’s Notes: An office property sells off of Sawmill Road to MD1Stop Primary Care, LLC.

7041 E Main St, Columbus, OH 43068

Type: Retail
Price: $475,000 ($98.30 / SF)
Buyer: DRIVEN BRANDS INC
Elifin’s Notes: Driven Brands Inc has purchased a former car wash retail property in Reynoldsburg, next to Papa Johns.

3660 W Broad St, Columbus, OH 43228

Type: Retail
Price: $475,000 ($211.11 / SF)
Buyer: DRIVEN BRANDS INC
Elifin’s Notes: Driven Brands purchases a retail property, formerly occupied by a Burger King.

2220 E Livingston Ave, Columbus, OH 43209

Type: Retail
Price: $375,000 ($122.95 / SF)
Buyer: BEXLEY COMMUNITY IMPROVEMENT CORPORATION
Elifin’s Notes: A retail property changes hands just south of Capital University.

1634 Brice Rd, Columbus, OH 43068

Type: Office
Price: $350,000 ($199.43 / SF)
Buyer: ATLAS INVESTMENT PROPERTIES LLC
Elifin’s Notes: An office property changes hands in Reynoldsburg.

6425 Livingston Ave, Columbus, OH 43068

Type: Retail
Price: $287,100 ($131.94 / SF)
Buyer: BOARDWALK STREET LLC
Elifin’s Notes: A veterinary clinic property changes hands in Reynoldsburg.

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.