NAI Ohio Equities is pleased to present this Sunbelt Rentals property located in Hilliard, Ohio. The subject property is a 7,500 SF facility sitting on 1.73 acres located at the intersection of Cemetery Road and Parkway Lane just off I-270. Built-to-suit in 2014 for Sunbelt Rentals. There are approximately seven (7) years remaining on the lease, as well as 3, five (5) year options to renew with ten (10%) percent increases in each option. The NOI is approximately $120,000 per yer and a CAP rate of 7.0%.

Location Description:

The City of Hilliard prides itself on small town charm and hospitality and authentic historical attractions, local restaurants, beautiful parks and recreational areas. Hilliard is located northwest of the capital and is less than 20 minutes away from major attractions, airport, and downtown. The property is located right off Cemetery Road with average daily traffic amount of 45,000.

Highlights:

>> 100% Occupied by Sunbelt Rentals

>> NNN Lease with 7 years remaining plus 3, five (5) year renewal options

>> 7,500 SF Recent Build-to-Suit

>> Situated on 1.73 Acres

>> NOI $120,000 | Cap Rate 7%

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