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Informations principales sur l'investissement
- 41,050 Square Feet on 3.43 Acres
- Property Features 8 Drive-In Doors
- Month-To-Month Leases Offer Flexibility
- Unique Flex Offering in a Desirable Retail Corridor
- Over 140 Parking Spaces
Résumé analytique
Located on busy Stringtown Road in Grove City, west of I-71 and just south of I-270, this property consists of 41,050 square feet on 3.43 acres. The property consists of 4 buildings currently configured for 15 rental suites. The rent roll currently has 13 tenants and one vacancy – it has historically been 100% occupied. The rental rates are below the market levels. The tenants are primarily small businesses with a mix of industrial, office, medical, fitness and retail. The property is being sold by the family that built the buildings.
Built in 1974, the buildings are constructed of steel and feature 8 drive-in doors. Each unit has its own HVAC system and is separately metered for gas and electricity. Ownership has replaced HVAC systems as needed over the years. The roofing systems are original metal roofs that were coated in 2021 and are under warranty.
This property is suitable for investors looking to upgrade the buildings and stabilize the rent roll from month-to-month tenancy to market lease terms.
Built in 1974, the buildings are constructed of steel and feature 8 drive-in doors. Each unit has its own HVAC system and is separately metered for gas and electricity. Ownership has replaced HVAC systems as needed over the years. The roofing systems are original metal roofs that were coated in 2021 and are under warranty.
This property is suitable for investors looking to upgrade the buildings and stabilize the rent roll from month-to-month tenancy to market lease terms.
Informations sur l’immeuble
| Prix | 2 152 650 € | Nb de biens | 4 |
| Prix/m² | 565,14 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 3,42 % | Surface totale de l’immeuble | 3 809 m² |
| Type de vente | Investissement | Surface totale du terrain | 3,52 ha |
| Statut | Sous compromis |
| Prix | 2 152 650 € |
| Prix/m² | 565,14 € / m² |
| Taux de capitalisation | 3,42 % |
| Type de vente | Investissement |
| Statut | Sous compromis |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 3 809 m² |
| Surface totale du terrain | 3,52 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
West Building
3691-3775 Garden Ct, Grove City, OH 43123 |
Industriel/Logistique | 1 765 m² | 1974 | - |
|
North Building
3663-3667 Garden Ct, Grove City, OH 43123 |
Industriel/Logistique | 883 m² | 1974 | - |
|
East Building
2180 Stringtown Rd, Grove City, OH 43123 |
Local commercial | 836 m² | 1974 | - |
|
South Building
2228 Stringtown Rd, Grove City, OH 43123 |
Local commercial | 325 m² | 1974 | - |
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Stringtown Road Business Center
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