$1,050,000
$990,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
15,120 SqFt
SOLD DATE : 01/09/2023
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Multiple Uses
Listing Status Sold
Purchase Type For Sale
Square Footage 15,120 sqft
Price per Sqft $69
Subdivision Showroom/Office And Warehouse In Green Meadows Center Commerce Center
MLS Listing ID 222024644
Sold Date 01/09/23
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2001
Annual Tax Amount $32,898
Property Description
FANTASTIC IRS Section 1031 Like Kind Exchange replacement property with strong return. Fantastic location in Green Meadows Commerce Center at 8861 Whitney Drive featuring 15,120 square foot office/showroom/warehouse condo in
Green Meadows Commerce Center in Lewis Center, OH. NNN leased through July, 2025 with
2 - 5 year renewals to Environmental Stoneworks. Rental income of $88,305 annually
w/2.5% increases annually. Absolute NNN lease - tenant pays interior, exterior maintenance,
taxes, insurance and condo dues. Environmental Stoneworks provided and installs stone
veneer for residential & commercial properties. Lease documents provided to qualified buyers with a signed Confidentiality/Non - Disclosure Agreement. Asking price of $990,000 - 8.9 CAP !!! RARE FIND !!!
Location
State OH
County Delaware
Community Showroom/Office And Warehouse In Green Meadows Center Commerce Center
Zoning Commercial
Rooms
Dining Room No
Interior
Heating Forced Air
Equipment No
Others
Tax ID 31304014544
Acceptable Financing Conventional
Listing Terms Conventional
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