Ask Matt McCormick
Columbus 3657 Trabue
Description
Single Tenant Net Leased – 18,220 SF - Showroom/Offices/Warehouse Facility - leased by America's Floor Source, one of the Nation's largest flooring companies with over $190M in 2022 revenue. New 5-year lease from date of closing with (2) 5-year renewal options - 6.225% Year-1 Cap Rate ($186,755 NOI) & 2% Annual Escalations. Strong ADT Count 15,372 (2022) – Great signage, access & visibility. Approx 8,405 SF (46%) warehouse / 9,815 SF showroom/offices (54%) – 2.07-acre site – 12'-18' clear height – 3 drive in doors (12' & 14') – Many improvements from 2012-2022 – 32 striped parking spaces. AFS Annual Revenue continues to increase year over year as follows $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018). AFS was founded in 2000 & is headquartered in Columbus, Ohio. ********
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Matt McCormick
Pickerington, Ohio
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Listed By: Douglas Tenenbaum of Howard Hannarealestateservices - (614) 554-4408
