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700 Taylor Ave 7,020 SF 100% Leased Flex Building Columbus, OH 43219 $950,000 ($135.33/SF) 7.76% Cap Rate
Investment Highlights
- New 5-Year lease w 5-Year option (signed 3/1/2025)
- 7,020 Square feet (Appx 3,930 office / 3,090 warehouse)
- Stand-alone industrial building just east of downtown Columbus
Executive Summary
Investment opportunity in year 1 of 5-year base term. Tenant has 1 5-year option as well.
Property Facts
| Price | $950,000 | Rentable Building Area | 7,020 SF |
| Price Per SF | $135.33 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2000 |
| Cap Rate | 7.76% | Parking Ratio | 2.28/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 13’4” |
| Property Subtype | Light Distribution | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.59 AC | ||
| Zoning | M - Zoned (M) Manufacturing | ||
| Price | $950,000 |
| Price Per SF | $135.33 |
| Sale Type | Investment |
| Cap Rate | 7.76% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 7,020 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 2.28/1,000 SF |
| Clear Ceiling Height | 13’4” |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M - Zoned (M) Manufacturing |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 010-035214 | Improvements Assessment | $99,650 |
| Land Assessment | $13,970 | Total Assessment | $113,620 |
Property Taxes
Parcel Number
010-035214
Land Assessment
$13,970
Improvements Assessment
$99,650
Total Assessment
$113,620
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700 Taylor Ave
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