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WAREHOUSE BUILDING FOR SALE Andre Dowdy [email protected] 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com 2,400 +/- SF Storage/Warehouse Building on 0.44 +/- Acres Franklinton 372 S. Princeton Avenue Columbus, Ohio 43223

Transcript of WAREHOUSE BUILDING FOR SALE - CoStar AHimages4.loopnet.com/d2/ndqvvo0z3bTqj-heN4yeBNz9Jl… ·  ·...

WAREHOUSE BUILDING FOR SALE

Andre [email protected]

10 N. High St. Suite 401 Columbus, Ohio 43215

614-221-4286www.rweiler.com

2,400 +/- SF Storage/Warehouse Building on 0.44 +/- Acres

Franklinton372 S. Princeton AvenueColumbus, Ohio 43223

Property DescriptionSMALL STORAGE/WAREHOUSE BUILDING!

2,400 +/- SF storage/warehouse space with open floor plan. Located close to downtown and major arteries. Encumbered with month-to-month lease.

No plumbing or electric. Water and sewer at the street.

Address: 372 S. Princeton Avenue Columbus, OH 43223

County: Franklin

PID: 010-023836-00

Location: South East of Sullivant & Princeton Ave intersection

Acreage: 0.44+/- acres

Building Size: 2,400 +/- SF

Height: One story

Year Built: 1960

Sale Price: $120,000

Utilities: Water & Sewer

Zoning: M - Manufacturing

Sketch

Property Location

Great Location!Easy access to I-71 & I - 670

Minutes to downtown Columbus15 Minutes to Columbus Airport

Site Here

Scioto River

DOWNTOW

N

W. Broad St

W. Town St

S. C

entr

al A

ve

BREWERY DISTRICT

372 S. Princeton Ave

Sulivant Ave

Scioto Audubon Metro Park

FRANKLINTONDodge

Recreation Center

Dodge Swimming Pool Dodge

Skatepark

ProposedFranklinton Development

Nationwide Realty Investors - Acquired 8 acres for $3.7 M

Nationwide Realty Investors - Acquired

2.3 acres in early 2016, plans for office

& retail, potential residential on south

side

CDDC Owned - 8 acre park atop 620-slot

underground parking garage

CDDC Owned

CMHA Owned

CDDC OwnedCasto/Weiler Mixed

Development: 26,000 sf of office public

parking garage & 230 rental town-home/flats opening Q3-Q4

2018Site H

ere

FRANKLINTON

Scioto River

Relevant Articles

EXCLUSIVE: Nationwide Realty pays $1M for

vacant Franklinton landFranklinton Poised

for Growth

Nationwide Realty buys Byers dealership site in

Franklinton

Nationwide Seeks to Demo Franklinton Properties, Anticipates Future Development

Is Franklinton the next Grandview Yard?

Nationwide Realty adding to its land holdings in the

neighborhood

FRANKLINTON BOARD OF TRADE!• 50% reimbursement up to $50,000 ($25,000 reimbursement) for

interior renovations.• 50% reimbursement up to $12,000 ($6,000 reimbursment) for

exterior renovations/improvements excluding roof and parking lot.

Mount Carmel Announces Major Expansion

and Renovation Plans

*Photos and articles from of Bizjournals.com/columbus, Columbusight.com, and Dispatch.com

Street Maps

Aerial & Plat Maps

Demographics & Traffic

FACTBOOK 3

The Columbus Region is an 11-county area comprising Delaware, Fairfield, Franklin, Knox, Licking, Logan, Madison, Marion, Morrow, Pickaway and Union counties. This Region represents the coverage area of Columbus 2020’s economic development activities.

The Columbus Region varies from the Columbus Metropolitan Statistical Area (MSA), which comprises 8 of the above 11 counties (excluding Knox, Logan and Marion) and an additional two (Hocking and Perry). Wherever possible, the information and data in this document covers the 11-county region. However, some data is only available at the MSA level and is identified as such in the text, title or source.

• Eleven-county region located in Central Ohio

• Population of 2 million people• Population growth rate of

1.3 percent annually • Ten-county Columbus MSA, 2nd fastest

growing among Midwest metro areas with at least 1 million in population

• Driver of Ohio’s population and economic growth

• 62 college and university campuses • More than 140,000 college students• Home to 15 Fortune 1000 headquarters

COLUMBUS AND FRANKLIN COUNTY

• State capital and largest Ohio city • 15th largest city in the U.S.

COLUMBUS IS WELL CONNECTED TO THE REST OF THE U.S. AND BEYOND

• Port Columbus International Airport: 31 destination airports with more than 140 daily flights

• Enhanced freight rail connections to East Coast ports in Norfolk, VA, Baltimore, MD, and Wilmington, NC

• Columbus is within 500 miles of 44 percent of the U.S. population, higher than other major distribution centers in the U.S. (Source: ESRI Business Analyst, 2013)

REGIONAL OVERVIEWTHE COLUMBUS REGION

MarionCounty

KnoxCounty

LoganCounty

68

U.S. Population within 500 miles

Columbus Chicago

Virgina Beach Los Angeles

Pittsburgh Atlanta

Charlotte Minneapolis

Louisville Savannah

St.Louis Phoenix

Indianapolis Dallas

Memphis

=

New York

Denver

Seattle

139,187,116 – 44% 83,826,331 – 27%

102,716,781 – 33% 46,902,095 – 15%

137,265,695 – 44% 81,371,175 – 26%

98,258,083 – 31% 44,152,696 – 14%

117,447,431 – 37% 66,009,482 – 21%

96,002,428 – 31%

10%

38,438,798 – 12%

110,615,985 – 35% 47,526,233 – 15%

91,338,138 – 29%

90,949,182 – 29%

17,178,926 – 5%

12,810, 661 – 4%

City Highlights

Marion County

KnoxCounty

Logan County

CLEVELAND

DETROIT

INDIANAPOLIS

CHICAGO

LOUISVILLE

PITTSBURGH

CINCINNATI

ATLANTA

ST. LOUIS

80

75

9 080

90

64

70

80

71

COLUMBUS 70

77

77

6 4

75

65

4 0

250 miles 40 0 km

50 0 miles 80 0 km

RICHMOND

TORONTO

FORTUNE 10 0 0 HEADQUARTERS

City Highlights

This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guar-antee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, inde-pendent investigation of the property for your needs. All potential buyers must take appropri-ate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained informa-tion is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum.

A prospective purchaser must make its own independent investigations, projections, and con-clusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the prop-erty. Each prospective purchaser and /or broker proceeds at its own risk.

Offering Memorandum