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Ferguson Enterprise Building 4362 Elick Ln

5,300 SF Industrial Building Batavia, OH 45103 £817,587 (£154/SF) 7.50% Net Initial Yield

Investment Highlights

  • Triple net (NNN) lease structure, with limited landlord responsibilities; perfect for in, and out of, state buyers.
  • Ferguson Enterprises, Inc., is the world leader in plumbing supplies, publicly traded on the NYSE ($FERG) and has a market cap of over $43 Billion.
  • Strategically positioned southeast of Cincinnati. This location is adjacent to Ohio State Route 32, a critical highway averaging ±24,000 daily vehicl
  • The property was specifically built for Ferguson’s operational needs. With a low coverage ratio and parking spaces,

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Price £817,587
Price Per SF £154
Sale Type Investment
Net Initial Yield 7.50%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.20 AC
Rentable Building Area 5,300 SF
Number of Floors 1
Year Built 2001
Tenancy Single
Parking Ratio 3.77/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-31-03I-336
Land Assessment
£63,625
Improvements Assessment
£64,668
Total Assessment
£128,293
  • Listing ID: 33075809

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 4362 Elick Ln, Batavia, OH 45103

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