2221 Schrock Road, Columbus, OH 43229
Fee simple interest offered in a 1999-built office headquarters expanded in 2006, subject to an absolute net lease.
Property Features for 2221 Schrock Road
General Information
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Investment Insights
Based on property information with market context.
This offering is structured as a 16-year sale-leaseback entered into in 2011, with the primary lease term expiring July 6, 2027. The absolute net lease includes 2% annual increases on a compounding basis. Under the lease terms described, the landlord has no management or expense responsibilities, while the tenant is responsible for management and expense obligations including roof, structure, and the parking lot.
Key Highlights
- 42,290 SF office headquarters at 2221 Schrock Road, Columbus, OH, built in 1999 and expanded in 2006
- Situated on 2.552 acres and offered as 100% fee simple interest
- Absolute net lease structure: landlord has no management or expense responsibilities
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