
Multi Tenant Industrial Portfolio: 1164 Gibbard Avenue
Four-Building Columbus Industrial Portfolio — Owner-User or Value-Add Investor Play
Investment highlights
• ±44,451 SF multi-tenant industrial portfolio on approximately 2.34 acres just northeast of Downtown Columbus
• Comprised of four separate buildings that can be acquired together or individually, the property offers exceptional flexibility for both owner-users and investors
• Month-to-month leases provide the opportunity for owner-users to occupy up to 90% of the property or for investors to capitalize on lease-up and rental upside
• Ideally located minutes from I-71, I-670, Downtown Columbus, and John Glenn Columbus International Airport, the property offers excellent accessibility
• Multiple avenues to create value through owner occupancy, lease-up, or long-term rental growth
• 75% occupancy with 6 tenants and a WALT of ±0.36 Years
• Significant rental upside with in-place rents well below market rates
• Columbus has emerged as one of the Midwest's premier industrial and logistics markets
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