Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

283 Cardinal Dr
Marengo, OH 43334
71 North Commerce Center · Industrial Property For Sale

Investment Highlights

  • Cross-dock configuration with 100 dock doors and 36' clear height
  • Located 2 minutes from I-71 and 30 minutes to Columbus
  • Expandable footprint up to 1.2M SF within master-planned park
  • Power expandable to 6,000 amps with ESFR sprinkler system
  • 10-year, 50% real estate tax abatement in place
  • Full LED lighting and concrete tilt-up construction

Executive Summary

Positioned just two minutes from I-71 and 30 minutes north of Downtown Columbus, 71 North Commerce Center presents a rare opportunity to acquire a newly constructed, Class A industrial facility in a high-growth logistics corridor. This cross-dock capable warehouse spans 707,940 square feet and is expandable to over 1.2 million square feet, offering long-term scalability for distribution, manufacturing, or e-commerce operations. The property is engineered for efficiency and throughput, featuring 36-foot clear heights, 100 dock doors with view lights, two drive-in doors with concrete ramp, and a robust ESFR sprinkler system. Power infrastructure includes 400-amp, 277/480-volt, three-phase service expandable to 6,000 amps. A full LED lighting package and concrete tilt-up construction further enhance operational reliability. Outside, the site includes 302 car parking spaces and 103 trailer stalls, with future expansion capacity for up to 170 trailers. The 2,500-square-foot spec office space provides immediate administrative functionality. The property sits within a master-planned industrial park and benefits from a 10-year, 50% real estate tax abatement, significantly improving investment returns. Strategically located to reach half the U.S. population within a day’s drive, the site offers direct access to major metros including Chicago, New York, Philadelphia, and Charlotte. The surrounding labor market is deep and stable, with over 1.2 million workers within a 60-minute drive and a median household income exceeding $70,000.
This is a rare chance to acquire a high-capacity, future-ready industrial asset in one of Ohio’s most connected logistics hubs.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class A
Lot Size 50.00 AC
Rentable Building Area 707,940 SF
No. Stories 1
Year Built 2023
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 36’
No. Dock-High Doors/Loading 100
No. Drive In / Grade-Level Doors 2

Property Taxes

Property Taxes

Parcel Number
A01-001-00-343-00
Land Assessment
$300
Improvements Assessment
$0
Total Assessment
$300
  • Listing ID: 29677477

  • Date on Market: 10/2/2023

  • Last Updated:

  • Address: 283 Cardinal Dr, Marengo, OH 43334

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}