CBRE Represents Seller In $17.5M Sale Of One And Two Easton Oval Office Buildings
1 Easton Oval & 2 Easton Oval
$17,500,000
$34/SF
Building Size
505,000 SF
Asset Type
Office
Closing
Nov 7, 2025
AI
Two Class A office buildings located at 1 & 2 Easton Oval in Columbus, OH were sold for a total price of $17,500,000. The properties offer a combined square footage of 252,500 and were transacted at a price per square foot of $69.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $17,500,000
- Square Footage: 252,500
- Address: 1 & 2 Easton Oval
- Market: Columbus, OH
- Price per Square Foot: $69
CBRE arranged the sale and represented the seller through brokers Steve Timmel, Will Roberts, Collin Wheeler, and Aaron Duncan. Additionally, Wheeler and Duncan managed the leasing for the portfolio, which has a 60% occupancy rate.
Players
Columbus Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93