5950 Carnaby Wy Columbus, OH

Listing agency Cushman & Wakefield | Columbus Show Phone

Listed by Matt Murtha Show Phone

Source Moodyscre

Added: Jun 27, 2024 Updated: Jul 6 at 10:44AM Checked: Jul 21 at 5:16AM

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Investment Insights

Based on property information with market context.

This 0.776-acre parcel presents various potential uses. A small, freestanding equipment building is situated on the rear west corner of the site. This building is under a long-term lease with a renewal option, housing equipment for Breezeline cable/communications. The lease generates an annual income of $12,500 for the buyer, structured as a 10-year lease. The total rent of $125,000 was prepaid to Education First Credit Union. The lease commenced on June 21, 2022, and expires on June 20, 2032. Depending on the closing date of the sale, the buyer could receive a credit exceeding $100,000 at closing, prorated from the prepaid rent.

Key Highlights

• Significant credit (potentially exceeding $100,000) to the buyer at closing due to prepaid lease.
• Existing long‑term lease with Breezeline cable/communications provides a guaranteed annual income of $12,500.
• 0.776 acre parcel offers many potential uses.

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FAQs

What type of property is this?

Land - 0.776 acre parcel with existing income-generating lease.

Where is this land located?

The property is located at 5950 Carnaby Wy Columbus, OH.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Significant credit (potentially exceeding $100,000) to the buyer at closing due to prepaid lease.; Existing long‑term lease with Breezeline cable/communications provides a guaranteed annual income of $12,500.; 0.776 acre parcel offers many potential uses.