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.
MLS# | 787385 |
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Style | Industrial |
Sub-Type | Resale |
Status | Pending - Show |
Year | 1997 |
Days On Site | 254 |
Story(s) | 1 |
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Area Information | |
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State | OH |
County | Franklin |
City | Columbus |
Zip Code | 43232 |
Area | Franklin |
Listing VS Median (in 43232) | |
Price: $790,000 low | high Med: $790,000 On Site: 254 low | high Med: 253 |