1711 Woodland Ave
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1711 Woodland Ave
74,458 SF Industrial Building Columbus, OH 43219 £3,286,290 (£44/SF) 8% Net Initial Yield
Investment Highlights
- ±74,458 SF Industrial Warehouse Spanning Two Buildings
- Sale Leaseback at $4.50/SF NNN for 15 years
- 4' Gas Line and 6' Water Line
- NNN Lease Opportunity
- Year 1 NOI: $335,061
- Total of 6 Dock Doors Between 18'-24' Clear Height
Executive Summary
NAI Ohio Equities is pleased to offer for sale a ±74,458 square foot industrial warehouse occupied by Burton Metal Finishing & Powder Coating Inc. This property is situated on approximately 4.72 acres in Northeast Columbus and provides convenient access to I-670, I-71, and I-270, and is just minutes away from John Glenn International Airport. The warehouse has good clear height, six dock doors, 7 drive-in doors and is zoned for industrial use. The building is in good condition.
Property Facts
| Price | £3,286,290 | Rentable Building Area | 74,458 SF |
| Price Per SF | £44 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1985 |
| Net Initial Yield | 8% | Tenancy | Single |
| Sale Conditions | Sale & Leaseback | Parking Ratio | 0.54/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | C | Level Access Doors | 7 |
| Lot Size | 4.72 AC |
| Price | £3,286,290 |
| Price Per SF | £44 |
| Sale Type | Investment NNN |
| Net Initial Yield | 8% |
| Sale Conditions | Sale & Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.72 AC |
| Rentable Building Area | 74,458 SF |
| Number of Floors | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 0.54/1,000 SF |
| Clear Ceiling Height | 16 ft |
| No. Dock-High Doors/Loading | 6 |
| Level Access Doors | 7 |
Amenities
- Fenced Lot
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 010-109322 | Improvements Assessment | £174,995 |
| Land Assessment | £97,219 | Total Assessment | £272,214 |
PROPERTY TAXES
Parcel Number
010-109322
Land Assessment
£97,219
Improvements Assessment
£174,995
Total Assessment
£272,214
zoning
| Zoning Code | M (Manufacturing) |
| M (Manufacturing) |
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Stephen Pryor -
Joe Menninger, CCIM -
NAI Ohio Equities LLC
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1711 Woodland Ave
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