2536-2540 Creekway Dr - Warehouse FOR SALE


Columbus, OH 43207
$2,550,000 USD
614-360-9055
2536-2540 Creekway Dr, Columbus, OH for Sale
$2,550,000 USD
Warehouse - FOR SALE
1/5
null | 7.14% Cap Rate

2536-2540 Creekway Dr
Columbus, OH 43207


HIGHLIGHTS

  • New single tenant NNN lease with 2.5% annual increases | Lease expires May 31, 2029
  • 25,360 square foot small-bay industrial property on 1.48 acres | Property has 2 bays and tenant occupies both bays
  • Service Partners is a division of Specialty Distribution Group, LLC, part of TopBuild, Inc. (NYSE: BLD), which has a market capitalization exceeding $
  • The building was built in 1988 and features 18' clear heights, ample loading and block construction
  • Tenant has a Termination Option and can vacate beginning March 1, 2027
  • Rent is in-line with the market at $7.00 per square foot NNN | Tenant moved in Summer 2024

OVERVIEW

New single tenant NNN lease with Service Partners, a subsidiary of TopBuild (NYSE: BLD)

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

4

DRIVE INS

3

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.48

LAND SF

64,469

ZONING

M-1

APN/PARCEL ID

530-213468

ASK ABOUT THIS PROPERTY

Nathan PealerMarcus & MillichapMore Info
614-360-9055

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Nathan PealerMarcus & MillichapMore Info
614-360-9055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.