This Office Property is Off-Market.

4661 East Main Street
Columbus, OH 43227 ·

171,776 SF · Office For Sale

N/A

Print

PNC / National City Bank

Price N/A Cap Rate 8.81%
Building Size 171,776 SF Occupancy 100%
Property Type Office Tenancy Single
Property Sub-type Office Building Lot Size 14.80 AC
Property Use Type Net Lease Investment with 8 years left on lease
Listing ID: 16498990 Date Created: 12/09/2009 Last Updated: 01/04/2011

Description

The offering includes two free-standing one story office buildings leased to PNC Financial Services (NYSE: PNC) and operting as a Service & Call center for National City/PNC Bank. The property is 100% leased and is NNN with fixed rent increases every 2 years. -Single Tenant NNN Lease -Corporate Guarantee -Established location -Columbus MSA. **Please call broker to discuss potential Lease extension to 10 years from Close of Escrow

Well located one mile west of Interstate 270 which serves as the beltway loop in the Columbus MSA. Located in close proximity to Defense Logistics, Lucent Technologies and the Port Columbus International Airport. Directly across East Main Street is the Great Eastern Shopping Center, a 150,633 square foot neighborhood center tenanted by Kroger, Family Dollar, Big Lots and US Bank. Other area retailers include Wal-Mart, Walgreens CVS Pharmacy, White Castle, Key Bank, Wendy' s, Arby' s, Long John Silver, Burger King, Rent-A-Center, Advance Auto Parts, and many more national and regional tenants.

Research

4661 East Main Street, Columbus, OH 43227 (Franklin County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Columbus Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)