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7420 Worthington Galena Rd 10,999 SF Industrial Building Columbus, OH 43085 $1,715,000 ($155.92/SF) 7.42% Cap Rate
EXECUTIVE SUMMARY
Stand-alone single tenant investment opportunity in great location off Worthington-Galena Rd. Updated office buildout includes data center, small warehouse with overhead door and generator (layout attached). Concrete construction situated on 1.2 acres with 60 parking spaces. Current tenant is an IT service provider with just under 4 years remaining on current lease term. Current NOI $127,308 (7.42 CAP) and lease available on request with NDA. Really nice property!
PROPERTY FACTS
| Price | $1,715,000 | Lot Size | 1.21 AC |
| Price Per SF | $155.92 | Rentable Building Area | 10,999 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.42% | Year Built | 1971 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Industrial | Parking Ratio | 5.46/1,000 SF |
| Building Class | C | ||
| Zoning | M-2 | ||
| Price | $1,715,000 |
| Price Per SF | $155.92 |
| Sale Type | Investment |
| Cap Rate | 7.42% |
| Property Type | Industrial |
| Property Subtype | Industrial |
| Building Class | C |
| Lot Size | 1.21 AC |
| Rentable Building Area | 10,999 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Tenancy | Single |
| Parking Ratio | 5.46/1,000 SF |
| Zoning | M-2 |
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Number | 610-117340 | Improvements Assessment | $185,960 |
| Land Assessment | $103,040 | Total Assessment | $289,000 |
PROPERTY TAXES
Parcel Number
610-117340
Land Assessment
$103,040
Improvements Assessment
$185,960
Total Assessment
$289,000
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7420 Worthington Galena Rd
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