Overview
Columbus Warehouse and Storage Facility
This warehousing and storage facility, situated on approximately 16.1 acres, offers a total warehouse space of approximately 402,900 square feet. The property currently operates warehouse, boat/RV/auto storage, and self-storage businesses, generating over $750,000 per year in net lease income. Significant upside potential exists, as current rents for mid-large spaces are below average. The property comprises three components: River Mill Warehouses, with approximately 253,400 square feet divided into 9 units ranging from 14,200 to 52,180 square feet; River Mill Boat, Auto & RV Storage, featuring approximately 66,100 square feet of climate-controlled indoor storage, plus secure outdoor storage; and River Mill Self-Storage, offering approximately 83,400 square feet of climate-controlled storage with 65 units ranging from 100 to 1,500 square feet. Major tenants include River Mill Boat, Auto & RV Storage, River Mill Self Storage, River Mill Data Management, Panasonic, Lowe Electric Supply, Hornsby Tire, and La-Z-Boy. The building is fully sprinklered, with ceiling heights varying from approximately 14 to 18 feet, and most spaces include LED lighting. River Mill Warehouses are equipped with a total of 20 docks and 5 drive-in doors, with a minimum of 2 docks per space. The property is fenced and gated, providing on-site parking for approximately 20 trucks and 46 autos. Located in north Columbus, one block off 2nd Avenue in the redeveloping Bibb Mill District, the property is conveniently located near downtown Columbus and Phenix City, with immediate access to J.R. Allen Parkway, Manchester Expressway, and I-185. The MROD Mill Restoration Overlay District zoning allows for a broad range of warehouse and related uses.