Mixed Use Investment
Office City is a collection of single tenant retail and office mix offering investors the financial stability of an investment grade office tenant combined with income growth through the retail leases. The 3 buildings are in the process of being separately parceled allowing the investor future flexibility to monetize selected portions of the property.
Investment Grade Credit
Over 62% of this mixed use project’s revenue is generated by Alliance Data Systems, an investment grade tenant. Alliance Data Systems is an S&P 500 company and reported $5.3 billion in revenue in 2014.
The property is located just 12 minutes from downtown Columbus, 7 minutes from Port Columbus International Airport and 3 minutes from I-270, the beltway that serves the Columbus MSA.
Established Tenants with Long Historical Tenancy
Applebee’s has occupied the Office City Collection for 23 years, and Alliance Data Systems for nearly 20 years.
High Traffic Counts with excellent frontage on Broad Street
The property boasts prime frontage on East Broad Street, one of the main commercial thoroughfares in the Columbus market.
Densely Populated Location
Estimated Population – 249,671
Estimated Households – 104,047
Average Household Income - $58,912
Adj. Daytime Demographics – 202,212
Number of Employees – 128,239
East Broad St. - 24,840
James Rd. - 28,032
Hamilton Rd. - 20,447