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Douglas Passon

Managing Partner

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PROPERTY ADDRESS

1211 MORSE ROAD, COLUMBUS, OH 43229

PROPERTY INFORMATION

Price:
$3,177,570
Cap Rate:
5.35%
Term Remaining:
20 years Years
Year Built:
2001
Status:
Available

INVESTMENT HIGHLIGHTS

  • 10,812 SF Free Standing Brick Building on 1.06 Acres
  • Recently Extended | 20 Year Absolute NNN Lease | No Landlord Responsibilities
  • 10 Five Year Options | 5% Rental Increases at Each Option
  • Corporate Guaranteed Lease
  • 5 Mile Population Exceeds 348,000 Residents
  • 6.56% Projected Population Growth Within 1 Mile by 2023
  • Average Household Income Within 5 Miles Exceeds 66,000
  • 187 Feet of Frontage on Maize Road | 271 Feet of Frontage on Morse Road