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1760 Feddern Ave
Grove City, OH 43123
United Rentals - Aerial - Columbus MSA · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.50 AC
Rentable Building Area 25,000 SF
No. Stories 1
Year Built/Renovated 1994/2017
Parking Ratio 0.72/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 5
Zoning C-I - Commercial/industrial

AMENITIES

  • Fenced Lot

ABOUT 1760 FEDDERN AVE , GROVE CITY, OH 43123

Nationally Recognized Tenant – United Rentals is the largest equipment rental company in North America. A Fortune 500 company with almost 1000 locations and a $12.8 Billion Market Cap Large Footprint – 25,000 SF, very large building for an equipment rental site, allowing them to store equipment inside, which is necessary for the Aerial Lifts this location specializes in Commitment to Location – Tenant has been at the site since 2004 and amended the lease in 2015 to have a longer term and longer extensions, with the two 7-year options automatically picked up unless given 180 days notice Increasing Cash Flow – CPI increases every 3 years allowing the rent to increase with inflation Strong Demographics – Located in the Columbus, OH MSA, with over 200,000 people in a 5-mile radius and over 5% projected growth In-Demand Concept – The only United Rentals Aerial location in the Columbus MSA offering personnel lifts, scissor lifts for indoor or outdoor applications, boom lifts for straight reach jobs and articulating boom lifts for difficult outdoor sites. The aerial work platforms are necessary for new construction fabrication, ideal for a high growth market like Columbus Designed for Equipment Rental - The site has been an equipment rental location since it was built, with 1,800 SF dedicated to offices, conference room and employee locker rooms, and the remaining 23,200 SF dedicated to equipment rental showcasing and storage, with built in floor trenches that drain to a retaining tank centrifuge area for separation and compliance. The building was renovated in 2017 and has LED lighting throughout

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
570-126856
Land Assessment
$50,610
Improvements Assessment
$277,060
Total Assessment
$327,670
  • Listing ID: 12491493

  • Date on Market: 5/7/2018

  • Last Updated:

  • Address: 1760 Feddern Ave, Grove City, OH 43123

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