1503-1505 Alum Crk Dr Columbus, OH 43209

This Columbus, Ohio industrial property offers a compelling investment opportunity. The 11,712 square foot building, situated on a 0.97-acre lot at 1503-1505 Alum Creek Dr (APN 010-237789-00), is currently 100% occupied. The property features a single-story, Class C building constructed in 1967 with permitted M zoning. It boasts two loading docks, a new truck dock and doors, and a new drive-in door, enhancing its functionality. The clear height ranges from 8 to 15 feet, and the building is equipped with three-phase 208/400 amp electrical service. The property is conveniently located with easy access to I-70 and other major transportation routes. The asking price is $1,485,000, representing a 6.80% cap rate. The property is currently under a NNN lease, with Unit 1503 (2,000 sq ft) leased until May 2025, and Unit 1505 (9,600 sq ft) available for an owner-user. This presents a unique opportunity for both investors and owner-occupiers seeking a well-located, improved industrial space in a thriving market. The property is a single-tenant building in Franklin County, Ohio, with a zip code of 43209.