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3657 Trabue Road

Columbus, OH 43228
  • $2,875,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 223001028
UPDATED: 25 min ago
$2,875,000
  • 0
    BEDS
  • 1.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

Single Tenant Net Leased - 18,220 SF - Showroom/Offices/Warehouse Facility - leased by America's Floor Source, one of the Nation's largest flooring companies with over $190M in 2022 revenue. New 5-year lease from date of closing with (2) 5-year renewal options - 6.5% Year-1 Cap Rate ($186,755 NOI) & 2% Annual Escalations. Strong ADT Count 15,372 (2022) - Great signage, access & visibility. Approx 8,405 SF (46%) warehouse / 9,815 SF showroom/offices (54%) - 2.07-acre site - 12'-18' clear height - 3 drive in doors (12' & 14') - Many improvements from 2012-2022 - 32 striped parking spaces. AFS Annual Revenue continues to increase year over year as follows $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018). AFS was founded in 2000 & is headquartered in Columbus, Ohio.

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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 Jamie Maze Real Estate Group | Cutler Real Estate. Data last updated: 2023-01-28T11:51:40.363.
www.jamiemaze.com/homes/136034870
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3657 Trabue Road Columbus, OH 43228

  • Price: $2,875,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 25 min ago
  • MLS #: 223001028
0
Beds
0
Baths
0
½ Baths
1.51
Acres
1977
Built
County:
Franklin
Area:
Columbus
Property Description
Single Tenant Net Leased - 18,220 SF - Showroom/Offices/Warehouse Facility - leased by America's Floor Source, one of the Nation's largest flooring companies with over $190M in 2022 revenue. New 5-year lease from date of closing with (2) 5-year renewal options - 6.5% Year-1 Cap Rate ($186,755 NOI) & 2% Annual Escalations. Strong ADT Count 15,372 (2022) - Great signage, access & visibility. Approx 8,405 SF (46%) warehouse / 9,815 SF showroom/offices (54%) - 2.07-acre site - 12'-18' clear height - 3 drive in doors (12' & 14') - Many improvements from 2012-2022 - 32 striped parking spaces. AFS Annual Revenue continues to increase year over year as follows $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018). AFS was founded in 2000 & is headquartered in Columbus, Ohio.
Exterior Features

Construction BlockMetalPre-Engineered Docks 0.00 Drive In Doors 3.00 Total Parking 32.00

Interior Features

Bldg Sq Ft 18220.00 Floors Above Ground 1.00 Heat Fuel Gas Heat Type Forced AirHeat Pump Max Cont Sqft Avail 18220.00 Minimum Sq Ft Available 18220.00 Office Sq Ft 9815.00

Property Features

Alternate Uses Commercial Auction No Between Street1 W Of Hague Between Street2 E Of N. Wilson Rd Corp Limit Per Auditor None Dist To Interchange 1.00 Electric 3 Phase For Exchange No For Lease No For Sale Yes Industrial Sub Type Flex Miscellaneous Warehouse A/C Mult Parcels Sch Dis Yes Near Interchange I-70/Hauge Ave New Financing Conventional Occupancy Rate 100 Previous Use Showroom/Warehouse Services Available ElectricGasWater Tax District 140 Tax Incentive No Tax Year 2021 Taxes Yearly 31771.00 Tenant Contracts Directly JanitorialMaint/RepairsUtilities Tenant Reimburses Landlord Building InsuranceCamRE Taxes Township Franklin Use Code 429 - OTHER RETAIL STRUCTURES Year Remodeled 2022 Zoning Cs/Scpd

Listing provided courtesy of Douglas Tenenbaum of Hanna Commercial, Llc: (614) 888-3456.


© 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 Jamie Maze Real Estate Group | Cutler Real Estate. Data last updated: 2023-01-28T11:51:40.363.
 
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