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Stringtown Road Business Center 4 biens • À vendre 3 483 275 $ CAD • Grove City, OH
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Faits saillants de l'investissement
- 41,050 Square Feet on 3.43 Acres
- Property Features 8 Drive-In Doors
- Month-To-Month Leases Offer Flexibility
- Unique Flex Offering in a Desirable Retail Corridor
- Over 140 Parking Spaces
Résumé de l'annonce
Located on busy Stringtown Road in Grove City, west of I-71 and just south of I-270, this property consists of 41,050 square feet on 3.43 acres. The property consists of 4 buildings currently configured for 15 rental suites. The rent roll currently has 13 tenants and one vacancy – it has historically been 100% occupied. The rental rates are below the market levels. The tenants are primarily small businesses with a mix of industrial, office, medical, fitness and retail. The property is being sold by the family that built the buildings.
Built in 1974, the buildings are constructed of steel and feature 8 drive-in doors. Each unit has its own HVAC system and is separately metered for gas and electricity. Ownership has replaced HVAC systems as needed over the years. The roofing systems are original metal roofs that were coated in 2021 and are under warranty.
This property is suitable for investors looking to upgrade the buildings and stabilize the rent roll from month-to-month tenancy to market lease terms.
Built in 1974, the buildings are constructed of steel and feature 8 drive-in doors. Each unit has its own HVAC system and is separately metered for gas and electricity. Ownership has replaced HVAC systems as needed over the years. The roofing systems are original metal roofs that were coated in 2021 and are under warranty.
This property is suitable for investors looking to upgrade the buildings and stabilize the rent roll from month-to-month tenancy to market lease terms.
Faits sur la propriété
| Prix | 3 483 275 $ CAD | Nombre de propriétés | 4 |
| Prix/pi² | 84,96 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 3,42% | Taille totale du bâtiment | 41 000 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 8,70 AC |
| Statut | Actif |
| Prix | 3 483 275 $ CAD |
| Prix/pi² | 84,96 $ CAD / pi² |
| Taux de capitalisation | 3,42% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 4 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 41 000 pi² |
| Superficie totale du terrain | 8,70 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
East Building
2180 Stringtown Rd, Grove City, OH 43123 |
Commerce de détail | 9 000 pi² | 1974 | - |
|
South Building
2228 Stringtown Rd, Grove City, OH 43123 |
Commerce de détail | 3 500 pi² | 1974 | - |
|
West Building
3691-3775 Garden Ct, Grove City, OH 43123 |
Industriel | 19 000 pi² | 1974 | - |
|
North Building
3663-3667 Garden Ct, Grove City, OH 43123 |
Industriel | 9 500 pi² | 1974 | - |
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Stringtown Road Business Center
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