Warehouse For Sale • 18,220 SF
Single Tenant Net Leased Investment starting at a 6.75% Cap Rate with 2% annual base rent increases |
Strong Tenant/Corporate Guarantor – America’s Floor Source (“AFS”) - one of the Nation’s largest flooring companies with over $208M in 2024 revenue |
5-year initial lease term with (2) 5-year renewal options |
AFS Annual Revenue continues to increase year over year as follows $208M (2024); $178M (2023); $190M (2022); $172M (2021); $109.5M (2020) |
Tenant has occupied this location since 2010 |
Great Signage, Access and Visibility - Strong Average Daily Traffic Count – 12,635 Cars Per Day (2023) |
Cap Rate: | 6.75 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
John Glenn Columbus International | 20 min | - | 13.2 mi |
Rickenbacker International | 30 min | - | 21.8 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 32 |
Type: | Surface |
Included in Rent: | Yes |