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Single Tenant Net Leased - 8.5% Cap Rate 4100 14th Ave 22,436 SF Industrial Building Columbus, GA 31904 $1,845,000 ($82.23/SF) 8.51% Cap Rate
Executive Summary
Highlights
• ±22,436 SF Industrial distribution facility available “close-in” to city center.
• Net lease with 5+ years remaining with 2% annual rent increases and options.
• Strong guarantor, The Parts House, US subsidiary to multinational parent company, Marubeni (Tokyo, Japan).
• Longstanding operations of 18+ years at this location.
• Limited landlord responsibilities: Roof and structure.
More About Columbus
• Georgia’s 2nd largest city located just 90 minutes from Atlanta.
• Robust economy and home to Aflac, Synovus, Pratt & Whitney. Tech & call centers coming in as well.
• Home to Fort Benning (formerly known as Fort Moore), one the largest US Army training facilities in the United States.
• Low cost of living and 2.7% unemployment rate!
Pricing
• AVAILABLE FOR SALE at $1,845,000 / 8.5% Cap Rate.
• Also available as part of a 4 location GA Industrial Portfolio (OM Available Upon Request).
• ±22,436 SF Industrial distribution facility available “close-in” to city center.
• Net lease with 5+ years remaining with 2% annual rent increases and options.
• Strong guarantor, The Parts House, US subsidiary to multinational parent company, Marubeni (Tokyo, Japan).
• Longstanding operations of 18+ years at this location.
• Limited landlord responsibilities: Roof and structure.
More About Columbus
• Georgia’s 2nd largest city located just 90 minutes from Atlanta.
• Robust economy and home to Aflac, Synovus, Pratt & Whitney. Tech & call centers coming in as well.
• Home to Fort Benning (formerly known as Fort Moore), one the largest US Army training facilities in the United States.
• Low cost of living and 2.7% unemployment rate!
Pricing
• AVAILABLE FOR SALE at $1,845,000 / 8.5% Cap Rate.
• Also available as part of a 4 location GA Industrial Portfolio (OM Available Upon Request).
Property Facts
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- The Parts House
- Transportation and Warehousing
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| The Parts House | Transportation and Warehousing | 99,999 SF | - | Jan 0000 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 031-027-002 | Improvements Assessment | $508,770 |
| Land Assessment | $47,392 | Total Assessment | $556,162 |
Property Taxes
Parcel Number
031-027-002
Land Assessment
$47,392
Improvements Assessment
$508,770
Total Assessment
$556,162
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Single Tenant Net Leased - 8.5% Cap Rate | 4100 14th Ave
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