3657 Trabue Road, Columbus, OH 43228

$2,866,875
Property Type: Industrial Square Footage: 18,220 Lot Size (sq. ft.): 90,169 Status: Active
Current Price: $2,866,875 List Date: 1/10/2025 Last Modified: 5/23/2025

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.

Supplements: ********

More Information MLS# 225000928

Location Property Info

Original List Price: 2866875 List Price: $2,866,875 Property Sub Type: Flex Street #: 3657 Street Name: Trabue Street Suffix: Road County: Franklin State: OH Zip Code: 43228 Township: Franklin

OfficeContract Info

Status: Active MLS Entry Date: 2025-01-10

General Property Info

Previous Use: Showroom/Warehouse Bldg Sq Ft: 18220 Office Sq Ft: 9815 SqFt ATFLS: 18220 Max Cont Sqft Avail: 18220 Minimum Sqft Avail: 18220 Occupancy Rate: 100 Number of Units: 1 # of Floors Above Gr: 1 Total Parking: 32 Use Code: 429 - OTHER RETAIL STRUCTURES Year Built: 1977 Acreage: 2.07

Tax Info

Parcel #: 140-002397 Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 140-002394 Zoning: CS/SCPD Tax Year: 2023 Tax Abatement: No Taxes (Yrly): 37321 Tax Incentive: No

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known T Reimburses L: Building Insurance; Cam; RE Taxes T Contracts Directly: All Utilities; Janitorial; Repairs Heat Fuel: Gas Heat Type: Forced Air; Heat Pump Electric: 3 Phase Services Available: Electricity Available; Natural Gas Available; Water Available Construction: Block; Metal; Pre-Engineered Miscellaneous: Warehouse A/C Alternate Uses: Commercial New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Hanna Commercial, LLC
Listing Agent: Douglas Tenenbaum
Last Updated: May - 23 - 2025
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