1711 Woodland Ave Columbus, OH 43219
This Columbus, Ohio industrial property offers a compelling sale-leaseback opportunity. The ±74,458 square foot warehouse, situated on a 4.72-acre lot in Franklin County (APN: 010-109322-00), consists of two buildings and boasts a desirable location with convenient access to major highways I-670, I-71, and I-270, as well as proximity to John Glenn International Airport. Built in 1958 and renovated in 2015, the property features a 20'-26' ceiling height, six dock-high doors, and seven drive-in doors, making it ideal for distribution and manufacturing operations. The property is zoned M and benefits from existing infrastructure including a 4' gas line and a 6' water line. The current tenant, occupying the space since 1987, has a 15-year NNN lease at $4.50/SF, generating a Pro-Forma NOI of $335,061 and a 7.50% cap rate. The asking price is $4,467,480. This sale-leaseback presents a strong investment opportunity with a long-term, established tenant and significant upside potential. The property's size, location, and features make it an attractive asset for investors seeking stable income and future growth.
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Burton Metal Finishing Inc.& Powder Coating Powder Coating Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.