Listed by RE/MAX Preferred
$1,700,000
Office flex building with large lot
Details
Property Type Industrial
Sub Type Flex
Square Footage 13,420
Net Rentable (SqFt) 13,420
Units 1
Cap Rate 7.80%
NOI $132,156
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 12/31/2027
Remaining Term 2
Rent Bumps Yes
Price per SqFt $127
Class B
Buildings 1
Stories 1
Acreage 3.140
Zoning Light Industrial
Investment Type Stabilized
Occupancy Date 08/27/2025
Ceiling Height 16
Loading Docks 1
Industrial | 7.80% CAP | 13,420 SqFt
Marketing description
Single Tenant Net Leased building just off the highway in Columbus. Large amount of office built out but ability to convert back to warehouse if needed. 1 dock door. Room to add large overhead doors. 16' clear height. Tenant would vacate for an owner user. 2 large bullpen areas. 23 offices. 2 conference rooms. 2 kitchen/break rooms. Extra large parcel that can be split. Vacant land also available for separate purchase of 1.6 acres. Cap rate with 1.54 acres - $1,500,000 - 8.8% Cap rate with 3.14 acres - $1,700,000 - 7.8%
Listing Contacts
Listed by RE/MAX Preferred
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,156.00
$11,013.00/mo
Valuation Metrics
0
DSCR
7.77%
Cap Rate
7.77%
ROI
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