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71 North Commerce Center 283 Cardinal Dr 707,940 SF Vacant 4-Star Industrial Building Marengo, OH 43334 $88,940,487 CAD ($125.63 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Cross-dock configuration with 100 dock doors and 36' clear height
  • Located 2 minutes from I-71 and 30 minutes to Columbus
  • Expandable footprint up to 1.2M SF within master-planned park
  • Power expandable to 6,000 amps with ESFR sprinkler system
  • 10-year, 50% real estate tax abatement in place
  • Full LED lighting and concrete tilt-up construction

EXECUTIVE SUMMARY

Positioned just two minutes from I-71 and 30 minutes north of Downtown Columbus, 71 North Commerce Center presents a rare opportunity to acquire a newly constructed, Class A industrial facility in a high-growth logistics corridor. This cross-dock capable warehouse spans 707,940 square feet and is expandable to over 1.2 million square feet, offering long-term scalability for distribution, manufacturing, or e-commerce operations. The property is engineered for efficiency and throughput, featuring 36-foot clear heights, 100 dock doors with view lights, two drive-in doors with concrete ramp, and a robust ESFR sprinkler system. Power infrastructure includes 400-amp, 277/480-volt, three-phase service expandable to 6,000 amps. A full LED lighting package and concrete tilt-up construction further enhance operational reliability. Outside, the site includes 302 car parking spaces and 103 trailer stalls, with future expansion capacity for up to 170 trailers. The 2,500-square-foot spec office space provides immediate administrative functionality. The property sits within a master-planned industrial park and benefits from a 10-year, 50% real estate tax abatement, significantly improving investment returns. Strategically located to reach half the U.S. population within a day’s drive, the site offers direct access to major metros including Chicago, New York, Philadelphia, and Charlotte. The surrounding labor market is deep and stable, with over 1.2 million workers within a 60-minute drive and a median household income exceeding $70,000.
This is a rare chance to acquire a high-capacity, future-ready industrial asset in one of Ohio’s most connected logistics hubs.

PROPERTY FACTS

Price $88,940,487 CAD
Price Per SF $125.63 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class A
Lot Size 50.00 AC
Rentable Building Area 707,940 SF
No. Stories 1
Year Built 2023
Parking Ratio 0.43/1,000 SF
Clear Ceiling Height 36’
No. Dock-High Doors/Loading 100
No. Drive In / Grade-Level Doors 2

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 250,000-707,940 SF
  • Industrial
  • Full Build-Out
  • Now

Welcome to 71 North Commerce Center, a premier Class A industrial facility offering immediate occupancy in Marengo, Ohio. This newly constructed warehouse spans 707,940 square feet with the potential to expand to over 1.2 million square feet, making it ideal for large-scale logistics, distribution, or manufacturing operations. The property features a cross-dock configuration, 36-foot clear heights, 100 dock doors with view lights, two drive-in doors, and a concrete ramp for seamless loading and unloading. Tenants benefit from 2,500 square feet of spec office space, 302 car parking spaces, 103 trailer spaces (expandable to 170), and robust infrastructure including ESFR sprinklers and 400-amp, 277/480-volt, three-phase power expandable to 6,000 amps. The facility is equipped with a full LED lighting package and built with concrete tilt-up walls for durability and efficiency. Strategically located just two minutes from I-71 and 30 minutes from Downtown Columbus, the site offers unmatched connectivity to major metros including Chicago, New York, and Charlotte—all within a 10-hour drive. The surrounding labor market is strong, with over 1.2 million workers within a 60-minute drive and a median household income of $70,683. [71 N Commerce] This master-planned industrial park is supported by a 10-year, 50% tax abatement, enhancing its financial appeal. Developed by H&M Company, Inc., a nationally recognized design-build firm, 71 North Commerce Center is built for operational excellence and long-term growth.

Space Size Space Use Condition Available
1st Floor 250,000-707,940 SF Industrial Full Build-Out Now

1st Floor

Size
250,000-707,940 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 250,000-707,940 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Welcome to 71 North Commerce Center, a premier Class A industrial facility offering immediate occupancy in Marengo, Ohio. This newly constructed warehouse spans 707,940 square feet with the potential to expand to over 1.2 million square feet, making it ideal for large-scale logistics, distribution, or manufacturing operations. The property features a cross-dock configuration, 36-foot clear heights, 100 dock doors with view lights, two drive-in doors, and a concrete ramp for seamless loading and unloading. Tenants benefit from 2,500 square feet of spec office space, 302 car parking spaces, 103 trailer spaces (expandable to 170), and robust infrastructure including ESFR sprinklers and 400-amp, 277/480-volt, three-phase power expandable to 6,000 amps. The facility is equipped with a full LED lighting package and built with concrete tilt-up walls for durability and efficiency. Strategically located just two minutes from I-71 and 30 minutes from Downtown Columbus, the site offers unmatched connectivity to major metros including Chicago, New York, and Charlotte—all within a 10-hour drive. The surrounding labor market is strong, with over 1.2 million workers within a 60-minute drive and a median household income of $70,683. [71 N Commerce] This master-planned industrial park is supported by a 10-year, 50% tax abatement, enhancing its financial appeal. Developed by H&M Company, Inc., a nationally recognized design-build firm, 71 North Commerce Center is built for operational excellence and long-term growth.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A01-001-00-343-00
Land Assessment
$393 CAD
Improvements Assessment
$0 CAD
Total Assessment
$393 CAD
  • Listing ID: 29677477

  • Date on Market: 2023-10-02

  • Last Updated:

  • Address: 283 Cardinal Dr, Marengo, OH 43334

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