$1,025,700
$1,040,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 03/08/2024
Key Details
Sold Price $1,025,700
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223032827
Sold Date 03/08/24
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2004
Annual Tax Amount $18,123
Lot Size 10,890 Sqft
Lot Dimensions 0.25
Property Sub-Type Warehouse
Property Description
NNN INVESTMENT OPPORTUNITY! 11,000 +/- SF condominium consisting of two combined industrial units (E & F). Located in Groveport, Ohio (Madison Township). Just off OH-317 and close to US-33 and I-270. Well-maintained warehouse space with dock & drive-in. Max ceiling height 25.8', Max clear height 22.7'. 100% occupied - Single Tenant - NNN Lease - 6.5% cap rate. Current tenant lease expires May 1, 2029 with (2) 3-year options to renew. Excellent investment opportunity! Please do not disturb the tenant.
Location
State OH
County Franklin
Area 0.25
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 185-002785
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