Listed by Best Corporate Real Estate
$295,000
60 Hill Road S
Details
APN 04-10269-614
Property Type Office
Sub Type Executive Office
Square Footage 1,686
Net Rentable (SqFt) 1,638
Units 1
Cap Rate 6.49%
NOI $19,160
Occupancy 100%
Brand/Tenant State Farm
Lease Type Gross
Lease Term 5
Lease Expiration 12/31/2029
Remaining Term 3.5
Rent Bumps Yes
Lease Options FROR
Price per SqFt $180
Year Built 1900
Year Renovated 1995
Buildings 1
Stories 2
Acreage 0.010
Zoning Commercial
Parking Spaces 20 spaces
Parking per 1,000 SqFt 11.86
Lease Commencement 01/01/2025
Office | 6.49% CAP | 1,686 SqFt
Marketing description
· Turn-of-the-century 2-story plus finished basement wooden classic office.
· 100% restored turn-of-the-century 2-story building zoned for office use.
· Excellent visibility located in the historic community area of Pickerington.
· 1,638 SF including finished basement office spaces.
· Building and street-front post signage available.
· Close proximity to shops, services, and restaurant.
Listing Contacts
Listed by Best Corporate Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,160.00
$1,596.67/mo
Valuation Metrics
0
DSCR
6.49%
Cap Rate
6.49%
ROI
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