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2231 Banwick Road

Columbus, OH 43232
  • $1,450,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 223033343
UPDATED: 20 min ago
$1,450,000
  • 0
    BEDS
  • 1.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,000
    SQFT
  • $81
    $/SQFT
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

100% LEASED INDUSTRIAL WAREHOUSE INVESTMENT! 18,000+/- SF industrial warehouse building on 1.417+/- acres situated just off S James Rd. Excellent investment opportunity in a thriving flex space market! Ten tenants occupy the building with a 12-month rental income projection of $124,800.00 per annum. All ten agreements are 2-year modified gross leases, some with proposed 2-year extensions, five of which were secured between July and October of 2023. The majority of the units measure around 1,500+/- sq/ft, with varying floor plans, however units 2241 and 2251 measure at 3,000+/- sqft. Landlord is responsible for roof, structure, building insurance, water, and real estate taxes.

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© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate. Data last updated: 2023-12-09T09:52:14.137.
www.columbusignaturehomes.com/homes/144250467
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2231 Banwick Road Columbus, OH 43232

  • Price: $1,450,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 20 min ago
  • MLS #: 223033343
0
Beds
0
Baths
0
½ Baths
1.42
Acres
18,000
SQFT
$81
$/SQFT
1980
Built
County:
Franklin
Area:
Columbus
Property Description
100% LEASED INDUSTRIAL WAREHOUSE INVESTMENT! 18,000+/- SF industrial warehouse building on 1.417+/- acres situated just off S James Rd. Excellent investment opportunity in a thriving flex space market! Ten tenants occupy the building with a 12-month rental income projection of $124,800.00 per annum. All ten agreements are 2-year modified gross leases, some with proposed 2-year extensions, five of which were secured between July and October of 2023. The majority of the units measure around 1,500+/- sq/ft, with varying floor plans, however units 2241 and 2251 measure at 3,000+/- sqft. Landlord is responsible for roof, structure, building insurance, water, and real estate taxes.
Exterior Features

Construction Block Docks 0.00 Drive In Doors 11.00 Drive In Doors Size (14x14) Total Parking 30.00

Interior Features

Bldg Sq Ft 18000.00 Ceiling Height Ft 16 Ceiling Height In 192 Floors Above Ground 1.00 Heat Fuel Gas Heat Type Forced Air Max Cont Sqft Avail 18000.00 Minimum Sq Ft Available 18000.00 Sprinkler None

Property Features

Auction No Between Street1 Banwick Rd. Between Street2 Service Rd. D Commercial Sub Type Multiple Use Corp Limit Per Auditor Columbus Dist To Interchange 0.50 Electric Single Phase Expenses Paid By Landlord Building InsuranceMaint/RepairsRE TaxesUtilities Expenses Property Insurance 1091.53 Expenses Property Management 8736.00 Expenses Real Estate Taxes 15392.26 Expenses Repairs And Maintenance 2533.33 Expenses Water 4204.96 For Exchange No For Lease No For Sale Yes Mult Parcels Sch Dis No Mult Use IndustrialOffice Near Interchange I-70 Occupancy Rate 100 Possession At Closing Previous Use Flex OFC/WH Space Services Available ElectricGasSanitary SewerStorm SewerWater Sewer Public Sewer Tax District 010 Tax Incentive No Tax Year 2022 Taxes Yearly 15392.00 Tenant Contracts Directly CamJanitorialMaint/RepairsUtilities Township None Use Code 352 - WAREHOUSE: 16-25PERC OFFICE Year Remodeled 2022 Zoning Code 760

Listing provided courtesy of Matthew Schirtzinger of RE/MAX Premier Choice: (800) 759-1112.


© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signature Real Estate. Data last updated: 2023-12-09T09:52:14.137.
 
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Signature Real Estate
1385 Dublin Rd
Columbus OH, 43215