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1 Easton Oval

CBRE Represents Seller In $17.5M Sale Of One And Two Easton Oval Office Buildings
SOLDOffice

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

Steve Timmel

CBRE

Broker

$111.8M

vol

9 deals

Broker
CBRE
CBREBrokerage

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