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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20976324

166 Humphries Dr, Reynoldsburg, OH 43068

DM
2005006662
Metropolitan Holdings LTD
Listed by Metropolitan Holdings LTD
$1,150,000
400 days on market
Updated 7 days ago

Humphries Commerce Center

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 11,000
Net Rentable (SqFt) 11,000
Cap Rate 7.20%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Broker Co-Op No
Class C
Buildings 3
Stories 1
Zoning GB-1
Investment Type Value Add
Ownership Family Trust

Industrial | 7.20% CAP | 11,000 SqFt

Marketing description

Family Trust owned multi-tenant contractor/business investment for sale. Curb offers only, NDA required for release of financial information. Due diligence period allowed once a mutually agreed contract is executed. Candidate for 1031 exchange.

Investment highlights

Multi-tenanted smaller warehouse space in the path of development with an outside storage component. Shared access easement with lot to the north. Cell tower on lot does not produce any income. Leases contain language that allow owner to increase rents with expense increases. Cap rate based discussions with owner on estimate of income and expenses and subject to audit.

Listing Contacts

DM
2005006662
Metropolitan Holdings LTD
Listed by Metropolitan Holdings LTD

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