$790,000

2882 Brice Rd

Columbus OH, 43232

Description

Investment Opportunity. King Collision Center. 7,450 sf former Discount Tire property built in 1997. 3+ years remaining on lease with annual rent increases. NOI $64,800. Priced for 8.2% cap rate. High traffic location immediately adjacent to Lowe's. Very near I-70, I-270. Spacious lobby, mezzanine Break Area. Hydraulic lines in place for lifts, 3-phase 220 v power, 19-22' high, 2 updated Restrooms, 8 Vehicle Bays, 4 Oversize Garage Doors, Ample Parking (40 Spaces + fenced yard for wrecked vehicles). Deed restricted against tire and wheel sales. Brice Road is first exit east of I-270 on I-70; just east of Columbus. South on Brice .3 miles, next to Lowes's and Sears Outlet.

Details

MLS#787385
StyleIndustrial
Sub-TypeResale
StatusPending - Show
Year1997
Days On Site254

Features

Story(s)1

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Area Information

StateOH
CountyFranklin
CityColumbus
Zip Code43232
AreaFranklin
Listing VS Median (in 43232)
Price:
$790,000
low | high
Med:
$790,000
50% of Average
On Site:
254
low | high
Med:
253
100% of Average
Listing Updated: 12/11/2019
MLS Number: 787385
Listing Provided By:
Steven P Mays  of  Comtech Realty LLC