Columbus, OH Industrial Property For Sale

Class A freestanding 75,333 SF office/showroom/warehouse building in CityGate Business Park. 50,000 SF 2004 built / 25,333 SF 2013 addition. 54,942 SF Warehouse / 12,748 SF Showroom / 7,643 SF Offices. 24’ Clear Height – 50’ x 42’ column spacing - 8 truck docks mechanical leveler - 8 Drive in doors - Power: 277/480V, 3 Phase, 4W, 800A - fully sprinklered - 2 new breakrooms - 4 sets new M/W restrooms + full bath (owners office) - 114 parking spaces – Roof: Butler standing seam (original) & TPO roof (addition) - Kohler generator - professionally landscaped grounds - 5.09 acres – battery charging station – new LED lights/motion sensors – video cameras/keypad access – high end fixtures, lighting, flooring

Vestibule entry, sophisticated showroom & design center with lobby, reception, sales office, 3 closing offices; Corporate office environment with its own entry, reception, waiting area with 10 private offices and open office areas for cubicles and workstations and server room

**Short Term Sale Leaseback: Seller will require to lease back until his new facility is completed and will vacate on or before 1/31/2024.

1.8 miles to I-670/Stelzer Rd and the Columbus International Airport

Single Tenant Net Leased – 18,220 SF - Showroom/Offices/Warehouse Facility - leased by America’s Floor Source, one of the Nation’s largest flooring companies with over $190M in 2022 revenue. New 5-year lease from date of closing with (2) 5-year renewal options - 6.55% Year-1 Cap Rate ($186,755 NOI) with 2% Annual Escalations. Strong Average Daily Traffic Count 15,372 (2022) – Great signage, access, and visibility. Approx 8,405 SF (46%) warehouse / 9,815 SF showroom/offices (54%) – 2.07-acre site – 12’-18’ clear height – 3 drive in doors (12’ and 14’) – Many improvements from 2012-2022 – 32 striped parking spaces.

AFS Annual Revenue continues to increase year over year as follows $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018)

Demographics in the area surrounding the Property include a population in a one (1), three (3) and five (5) mile radius of 8,804, 83,994 and 337,578. Average household incomes in this radius are $85,645, $112,845, and $90,335 and projected to be $91,322, $121,733 and $110,403 by 2027.

The property is conveniently located northwest of downtown near I-70, I-270, I-670, Riverside/Dublin Rd corridor; and near Upper Arlington, Hilliard, Grandview, The Ohio State University, Columbus Downtown/CBD, Franklinton, Quarry Trails Metro Park and the new 607-acre Quarry Trails mixed use development.

AFS was founded in 2000 and is headquartered in Columbus, Ohio; with Ohio locations in Columbus and Cincinnati; Indiana locations in Indianapolis ad Madison and Kentucky locations in Louisville and Lexington, AFS has serviced thousands of homeowners and commercial customers. Services include in-home shopping/mobile floor source, on-line shopping and in store shopping for carpet, hardwood, luxury vinyl, laminate, tile & stone, decorative & polished concrete, sports flooring, area rugs, wall coverings, sand and finish and carpet tile.

• Single Tenant Net Leased Investment

• Strong Tenant/Corporate Guarantor – America’s Floor Source (“AFS”) - one of the Nation’s largest flooring companies with over $190M in 2022 revenue

• 2% annual base rent increases

• 5-year initial lease term with (2) 5-year renewal options

• AFS Annual Revenue continues to increase year over year as follows $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018)

• Tenant has occupied this location since 2010

• Great Signage, Access and Visibility

• Strong Average Daily Traffic Count – 15,372 Cars Per Day (2022)

SVN is pleased to present for sale Best Self Storage in the Dynamic and Growing Columbus, Ohio. Best Self Storage is a value-add opportunity with 54,560 SF on 11.75 acres with immediate upside opportunity. The site has 39,900 SF of storage that is 98% occupied with 218 units plus 100 parking spaces and a 2-story warehouse with 14,660 SF for climate control conversion. Best Self Storage is fenced with an automated gate system but does not currently utilize a call center or website leasing. Columbus, Ohio is the 14th Largest City and is the 11th Fastest Growing City in the Nation. Columbus is home to the Ohio State University and to over 135,000 college students and Columbus has been selected by Intel Corp for construction of the largest chip manufacturing plant in the world.

• ±38,037 Sq. Ft. office/warehouse for sale

• Zoned M

• One semi dock & two (10’ x 12’) drive-in doors

• ±16’ clear height

• Immediate access to I-70

• 800 Cross Pointe Road, Unit D, Columbus, OH 43230

• Office condominium unit for sale totaling ±2,430 Sq. Ft.

• Modern glass and stucco exterior

• Individual unit entrances

• Mix of private offices and open office with Men's & Women's ADA restroom

- Franklinton Rare Industrial Space

- Approx. 8,588 Sq Ft building with approx. 18 ft ceilings in the shop area with six 16-ft overhead doors

-Approx. 50% of the building is auto/truck repair space -Balance of building is reception area, storage rooms, supply % equipment rooms, 2-bathrooms, offices, and kitchenette

-Mostly industrial with auto & truck repair and exterior fenced in storage lot

-Steps from redevelopment and new construction

-Property located in an opportunity zone

-Large electric power capacity and floor drainage in warehouse

For Sale/Lease in Columbus, OH.102,240 Sq. Ft Available Now for Sale/Lease Contact broker for pricing Situated on a ±8.5 acre lot (the lot size is subject to approved subdivision and re-survey of the property)Zoning: Manufacturing

GISP ID: ea46008a-9f10-4ee3-9159-1b1d1d00931c