TechSouth Campus
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TechSouth Campus
6 Properties Offered at $20,250,999 CAD in Columbus, OH
INVESTMENT HIGHLIGHTS
- 410,495 SF | 23.72 AC flex industrial campus
- 313,589 warehouse SF | flexible term for occupancy or value-add
- Significant parking and land for additional value add opportunity
- 96,906 office SF | fully leased long-term
- Significant improvements recently completed throughout campus
- Located in a Qualified Opportunity Zone
EXECUTIVE SUMMARY
The TechSouth Campus is a 410,495 SF multi-building flex industrial park located southeast of downtown Columbus in close proximity to I-70, US-33 and I-71. Recent improvements include HVAC updates, lighting enhancements and new flooring and paint in the office space. New LED lighting, storefronts, exteriors, truck court, parking, fencing, security and other significant improvements have been made to the warehouse portion of the campus.
Located within the City of Columbus expedited Southside Investment District CRA which can warrant a real property tax abatement of up to 15-year 100%.
Option A: Full Campus - 410,495 SF | 23.72 AC, list price $14,000,000, listing price per SF- $34.10, Pro Forma Cap Rate- 10%, Pro Forma NOI- $1,398,374.
Option B: Buildings C, D, E, I - 393,695 SF | 18.25 AC, list price unpriced, cap rate- TBD, Price/SF- TBD.
Located within the City of Columbus expedited Southside Investment District CRA which can warrant a real property tax abatement of up to 15-year 100%.
Option A: Full Campus - 410,495 SF | 23.72 AC, list price $14,000,000, listing price per SF- $34.10, Pro Forma Cap Rate- 10%, Pro Forma NOI- $1,398,374.
Option B: Buildings C, D, E, I - 393,695 SF | 18.25 AC, list price unpriced, cap rate- TBD, Price/SF- TBD.
PROPERTY FACTS
| Price | $20,250,999 CAD | Number of Properties | 6 |
| Price / SF | $42.76 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10% | Total Building Size | 473,553 SF |
| Sale Type | Investment | Total Land Area | 79.89 AC |
| Status | Active |
| Price | $20,250,999 CAD |
| Price / SF | $42.76 CAD / SF |
| Cap Rate | 10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 473,553 SF |
| Total Land Area | 79.89 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
TechSouth Building I
1555 Gilbert St, Columbus, OH 43207 |
Industrial | 2,242 SF | 1993 | - |
|
TechSouth Building H
736 E Jenkins Ave, Columbus, OH 43207 |
Industrial | 8,400 SF | 1993 | - |
|
TechSouth Building G
730 E Jenkins Ave, Columbus, OH 43207 |
Industrial | 8,400 SF | 1998 | - |
|
TechSouth Building C
711 Southwood Ave, Columbus, OH 43207 |
Industrial | 357,605 SF | 1920 | - |
|
TechSouth Building E
707 E Jenkins Ave, Columbus, OH 43207 |
Office | 15,000 SF | 1993 | - |
|
TechSouth Building D
727 E Jenkins Ave, Columbus, OH 43207 |
Office | 81,906 SF | 1996 | - |
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