The Columbus, Ohio - Airport Industrial Portfolio (“COAIP”) is currently listed for sale and includes:
273,554 SF of office/warehouse space
20 buildings, 41 units, 34 Tenants
100% leased at below market rents
Buildings/units range in size from 1,350 SF to 25,200 SF
66.5% of portfolio SF expires on or before 12/31/2027 allowing an investor to implement a rent growth strategy upon acquisition
Located near John Glenn International Airport (Columbus, Ohio) in an established industrial corridor
This value-add industrial portfolio is being offered for the first time and presents a unique opportunity for investors seeking both immediate income generation and long-term capital appreciation/income in a high-growth market. COAIP consists of 82% warehouse SF, 59 drive-in doors, 48 docks and 12’ – 20’+ ceiling height amidst both single and multi-tenant buildings. The portfolio is being sold in “as-is, where-is” condition. The seller is seeking qualified buyers with experience in this asset class, the Columbus, Ohio marketplace and certainty to close.