Property Type:
Industrial
Square Footage:
18,220
Lot Size (sq. ft.):
90,169
Status:
Active
Current Price:
$2,866,875
List Date:
1/10/2025
Last Modified:
9/23/2025
Description
Single Tenant Net Leased - 18,220 SF - Showroom/Offices/Warehouse Facility - leased by America's Floor Source, one of the Nation's largest flooring companies with $208M in 2024 revenue, 550 employees & 10 locations in OH, KY, IN, IL & TN. New 5-year lease from date of closing with (2) 5-year renewal options - 6.75% Year-1 Cap Rate ($193,514 NOI) with 2% Annual Escalations. Traffic Count 12,635 (2023) - Great signage, access & visibility. Approx 8,405 SF (46%) warehouse / 9,815 SF showroom/offices (54%) - 2.07-acre site - 12'-18' clear height - 3 drive in doors (12' and 14') - Many improvements from 2012-2024 - 32 striped parking spaces. Corporate Guarantee. AFS was founded in 2000 & HQ in Columbus. Located NW of downtown near I-70, I-270, I-670, Riverside Dr. & Upper Arlington.
Supplements: ********
Listing Office: Hanna Commercial, LLC
Listing Agent: Douglas Tenenbaum
Last Updated: September - 23 - 2025
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