4040 E Main St
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4040 E Main St
12,573 SF Industrial Building Columbus, OH 43213 $2,400,000 ($191/SF) 6% Cap Rate
Executive Summary
Prime Commercial Property for Sale with long term lease
This well-maintained property offers a prime location in a high-traffic area, making it an ideal investment opportunity for those seeking long-term, stable returns.
Leased Investment: The property is currently leased to a reliable NNN (Triple Net) tenant, providing you with a steady stream of passive income for many years to come. The tenant is responsible for all operating expenses, and maintenance, ensuring minimal landlord responsibility.
Long-Term Lease: The tenant has been in place for several years and has demonstrated a commitment to the property, offering long-term stability and predictability for investors.
Prime Location: Situated on East Main Street, one of Columbus’s well-trafficked thoroughfares, the property benefits from high visibility and easy access to surrounding areas. Its central location makes it a desirable site for both retail and professional businesses.
Property Size & Layout: The property spans 12,573 sq. ft, offering flexible space that is suitable for a variety of uses. The building is well-maintained and includes ample parking for tenants and customers alike.
Recently Updated - New roof, new electrical, new HVAC, new remodel and more.
This well-maintained property offers a prime location in a high-traffic area, making it an ideal investment opportunity for those seeking long-term, stable returns.
Leased Investment: The property is currently leased to a reliable NNN (Triple Net) tenant, providing you with a steady stream of passive income for many years to come. The tenant is responsible for all operating expenses, and maintenance, ensuring minimal landlord responsibility.
Long-Term Lease: The tenant has been in place for several years and has demonstrated a commitment to the property, offering long-term stability and predictability for investors.
Prime Location: Situated on East Main Street, one of Columbus’s well-trafficked thoroughfares, the property benefits from high visibility and easy access to surrounding areas. Its central location makes it a desirable site for both retail and professional businesses.
Property Size & Layout: The property spans 12,573 sq. ft, offering flexible space that is suitable for a variety of uses. The building is well-maintained and includes ample parking for tenants and customers alike.
Recently Updated - New roof, new electrical, new HVAC, new remodel and more.
Property Facts
| Price | $2,400,000 | Rentable Building Area | 12,573 SF |
| Price Per SF | $191 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1960/2001 |
| Cap Rate | 6% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.27/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 20 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.83 AC |
| Price | $2,400,000 |
| Price Per SF | $191 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.83 AC |
| Rentable Building Area | 12,573 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2001 |
| Tenancy | Single |
| Parking Ratio | 1.27/1,000 SF |
| Clear Ceiling Height | 20 FT |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 090-008264 | Improvements Assessment | $141,330 |
| Land Assessment | $94,955 | Total Assessment | $236,285 |
PROPERTY TAXES
Parcel Number
090-008264
Land Assessment
$94,955
Improvements Assessment
$141,330
Total Assessment
$236,285
zoning
| Zoning Code | GCD |
| GCD |
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4040 E Main St
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