1111 Cable Ave Columbus, OH 43222
- Refrigerated & Cold Storages
- 9,150 SF
- 0.95 lot acres
Current Use by Public Records
- What Chefs Want / Seafood Wholesaler / Food Products Supplier
Property Details for 1111 Cable Ave
- Year built
- 1952
- Lot size
- 0.95 lot acres
- Property size
- 9,150 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 9,150 square foot, single-tenant, Class C cold storage facility located at 1111 Cable Avenue, Columbus, OH 43222. The property, built in 1952 and situated on a 0.95-acre lot (APN: 010-049751-00, 010-279307-00, 010-030426-00, 010-023801-00), features 15 loading docks, a 15-foot ceiling height, and is zoned for Manufacturing (M). Currently leased under a triple-net (NNN) lease at $10,000 per month, with a remaining term of approximately 2.1 years expiring December 31, 2026 (lease commencement January 1, 2019). The property boasts 100% occupancy since its lease inception and includes approximately 800 square feet of office space. This core+ investment is priced at $1,650,000 and offers a strong return in a thriving industrial market. The property consists of one building, one story, and includes three-phase power. No ground lease is in place, and no lease options are available. This is a rare opportunity to acquire a well-maintained, high-performing asset with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0309
- Latitude
- 39.9609
