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 $208M in 2024 revenue, 550 employees & 10 locations in OH, KY, IN, IL & TN. New 5-year lease from date of closing with (2) 5-year renewal options - 6.75% Year-1 Cap Rate ($193,514 NOI) with 2% Annual Escalations. Traffic Count 12,635 (2023) - 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' and 14') - Many improvements from 2012-2024 - 32 striped parking spaces. Corporate Guarantee. AFS was founded in 2000 & HQ in Columbus. Located NW of downtown near I-70, I-270, I-670, Riverside Dr. & Upper Arlington.
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0BEDS
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2.07ACRES
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0BATHS
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01/2 BATHS
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18,220SQFT
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$157$/SQFT
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 $208M in 2024 revenue, 550 employees & 10 locations in OH, KY, IN, IL & TN. New 5-year lease from date of closing with (2) 5-year renewal options - 6.75% Year-1 Cap Rate ($193,514 NOI) with 2% Annual Escalations. Traffic Count 12,635 (2023) - 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' and 14') - Many improvements from 2012-2024 - 32 striped parking spaces. Corporate Guarantee. AFS was founded in 2000 & HQ in Columbus. Located NW of downtown near I-70, I-270, I-670, Riverside Dr. & Upper Arlington.
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