610 O'Neill Dr | Hebron, OH 43025
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- LoopNet Team
610 O'Neill Dr
Hebron, OH 43025
Plastipak Packaging, Inc. · Industrial Property For Sale
Investment Highlights
- Fresh 7 Year Lease Commencing on Delivery of C/O of Building C
- Plastipak Had $2.9b in Revenue in 2021 and Averages a 7.5% Annual Growth Rate for the Past Ten (10) Years
- Below Market Rent of Roughly $2/sf Which Creates a Value Add Component For a New Buyer
- Plastipak Named One of America's Best Midsized Companies by Forbes
- Tenant Showing Strong Commitment to the Space With Recent Expansion of Premises as well as Renewing For a 7 Year Lease Term
- Average Lease Rate of $5.78/sf in Licking County
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1971/2022 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.5/1,000 SF |
| Lot Size | 6.26 AC | Clear Ceiling Height | 22 FT |
| Rentable Building Area | 109,800 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 1 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 6.26 AC |
| Rentable Building Area | 109,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2022 |
| Tenancy | Single |
| Parking Ratio | 0.5/1,000 SF |
| Clear Ceiling Height | 22 FT |
| No. Drive In / Grade-Level Doors | 1 |
PROPERTY TAXES
| Parcel Number | 073-331320-12.000 | Improvements Assessment | $2,882,740 |
| Land Assessment | $470,370 | Total Assessment | $3,353,110 |
PROPERTY TAXES
Parcel Number
073-331320-12.000
Land Assessment
$470,370
Improvements Assessment
$2,882,740
Total Assessment
$3,353,110
zoning
| Zoning Code | I1 (Industrial) |
| I1 (Industrial) |
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