2300 Marilyn Park Lane, Columbus, OH 43219

$1,256,250
Property Type: Commercial Lease Square Footage: 26,633 Lot Size (sq. ft.): 53,143 Status: Closed
Current Price: $1,256,250 List Date: 8/17/2018 Last Modified: 1/28/2025

Overview

Description

2300 Marilyn Park Lane approximately 25,326 SF free standing Office/Warehouse/Maintenance facility on 1.22 acres adjacent to Columbus International Airport just south of Johnstown Road and East of Stelzer. Approximately 12,100 SF of Warehouse/Storage and 13,200 SF of Office. Auditor shows 26,633 SF and drawings indicate the 25,326. Parking for approximately 40 cars. Space is fully air conditioned in warehouse and office areas. 2 docks on North side and 1 drive in door on East side. 340/480 Three Phase Electric. Leased through 12/18 with Franklin County Board of MR & DD for $11,571/month NNN - tenant in property since 1999. Property well maintained and clean. Asking price of $1,490,000 or lease at $5.50 PSF NNN. Great location to Airport, Stelzer, 670 & 270, and Easton area.

Listing Details MLS# 218031221

Location Property Info

Original List Price
1490000
Property Sub Type
Office
Street #
2300
Street Name
Marilyn Park
Street Suffix
Lane
County
Franklin
State
OH
Zip Code
43219
Township
None

OfficeContract Info

MLS Entry Date
2018-08-17

General Property Info

Previous Use
Franklin Co. MR & DD
Bldg Sq Ft
26633
Office Sq Ft
13200
SqFt ATFLS
26633
Max Cont Sqft Avail
26633
Minimum Sqft Avail
26633
Occupancy Rate
100
# of Docks
2
Dock Size
12 x 12
Number of Units
Yes
# of Floors Above Gr
Yes
Total Parking
40
Use Code
480 - COMMERCIAL WAREHOUSE
Year Built Status
1999
Year Built
1965
Lot Size (Side)
156
Acreage
1.22

Tax Info

Parcel #
010-105152
Mult Parcels/Sch Dis
No
Zoning
Commercial Whse
Assessment
None Known
Tax Year
2017
Tax Abatement
No
Taxes (Yrly)
30809

Status Change Info

Under Contract Date
2019-04-17
Sold Date
2019-04-18
Sold Price/SqFt
95.17

T Reimburses L

Curr Yr Est $/SF TRL
2.5

More Information

Lease Info

Term Desired
5 years

Suite Info 1

Suite #
Office/Whse
SQ FT
25326
Date Available
2019-01-01

Financials

Financials ForYearOf
2017
Gross Rental Income
138852
Effective Income
138852
Other Income
0
Vac & Cr Loss
0

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
112.88
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus
Dist to Interchange
0.25

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
Yes
Lease Rate $/Sq Ft
5.5

Remarks & Misc

Property Description
2300 Marilyn Park Lane approximately 25,326 SF free standing Office/Warehouse/Maintenance facility on 1.22 acres adjacent to Columbus International Airport just south of Johnstown Road and East of Stelzer. Approximately 12,100 SF of Warehouse/Storage and 13,200 SF of Office. Auditor shows 26,633 SF and drawings indicate the 25,326. Parking for approximately 40 cars. Space is fully air conditioned in warehouse and office areas. 2 docks on North side and 1 drive in door on East side. 340/480 Three Phase Electric. Leased through 12/18 with Franklin County Board of MR & DD for $11,571/month NNN - tenant in property since 1999. Property well maintained and clean. Asking price of $1,490,000 or lease at $5.50 PSF NNN. Great location to Airport, Stelzer, 670 & 270, and Easton area.

Income/Expenses

Gross Income
138852
Net Operating Income
138852
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Contracts Directly

All
Yes
All Utilities
Yes
Building Insurance
Yes
Cam
Yes
Janitorial
Yes
Repairs
Yes
RE Taxes
Yes

Misc Int & Ext Info

Drive-In Doors Size
8 x 10

Construction

Block
Yes
Metal
Yes

Heat Fuel

Electric
Yes
Gas
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Heat Type

Forced Air
Yes

Electric

3 Phase
Yes

Miscellaneous

Handicap Access
Yes
Survey
Yes
Warehouse A/C
Yes

Alternate Uses

Commercial
Yes
Office
Yes

New Financing

Conventional
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known T Contracts Directly: All; All Utilities; Building Insurance; Cam; Janitorial; Repairs; RE Taxes Heat Fuel: Electric; Gas Heat Type: Forced Air Electric: 3 Phase Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block; Metal Miscellaneous: Handicap Access; Survey; Warehouse A/C Alternate Uses: Commercial; Office New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Gregory J Hrabcak
Last Updated: January - 28 - 2025
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