TITLE:
14 Year NNN Leased Industrial Property - Columbus OH
CONTROL:
Exclusive
VALUE:
$11,500,000
LOAN:
$0
EQUITY:
$11,500,000
TYPE:
Industrial
HAVE:
Motivated seller will take a loss! Long-term, absolute NNN leased industrial project in Columbus, OH. Was BTS HQ and mission-critical service center relocation for a significant player in a recession resistant, and e-commerce benefitted industry.
ADDRESS:
3003 Etna Parkway, Pataskala, Ohio
BENEFITS TO NEW OWNER:
Building is expandable and currently fully utilized. One year into 15 year lease. Funding expansion entirely at LL discretion, otherwise tenant pays for it.
OTHER FILES:
GROSS SCHEDULED INCOME:
$851,213 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$851,213
EXPENSES:
$0
NOI:
$851,213
DEBT SERVICE:
$0
CASH FLOW:
$851,213
CAP RATE:
7.40%
BENEFITS SOUGHT:
NA, outright seller, no exchange requirement
REMARKS:
We are currently offering this unpriced, and will respond to offers on a rolling basis. 20 acre site w/ a 75,000+ SF HQ + WH building with significant outdoor space for the Tenant's fleet of service vehicles and communications infrastructure equipment.
COUNSELOR:
Gabriel Silverstein
SVN Angelic
500 N Capital of Texas Hwy Bld 6 Suite 225
Austin, Texas, 78746
