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3124 Westerville Rd
Columbus, OH 43224
Industrial Property For Sale
Investment Highlights
- STRONG RENTAL UPSIDE – Rents ±46.38% below market, translating to 86% in upside. This provides an opportunity to increase rent and convert to NNN.
- BALANCED TENANT OCCUPANCY – Each suite constitutes 11% – 32% of the property, minimizing vacancy risk.
- LOW VACANCY RATE – There is a 2.4% vacancy rate across all industrial/flex product in a ±five mile radius of the property.
- SMALL SUITES – The average suite size of ±2,207 SF minimizes vacancy risk and allows investors to maximize the property’s net operating income.
- MONTH TO MONTH – Month to month leases create flexibility for new ownership seeking to occupy space or tap into the rental upside.
Property Facts
Property Taxes
| Parcel Number | 130-011817 | Improvements Assessment | $82,360 |
| Land Assessment | $42,460 | Total Assessment | $124,820 |
Property Taxes
Parcel Number
130-011817
Land Assessment
$42,460
Improvements Assessment
$82,360
Total Assessment
$124,820
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