EclipseCorp
Gahanna, OH
Property Details
Available
Alpha Real Estate Advisors is pleased to present for sale a rare unique Industrial Flex – Sale/Leaseback investment opportunity, EclipseCorp LLC located at 825 Taylor Rd in Gahanna, OH 43230. EclipseCorp has a strong record of historical financial performance and has been recognized as a pioneer in Grand Format 3D Printing and Mass Production, Large Format Graphics, Creative Design, and Retouching, as well as Custom Sign Fabrication.
Net Operating
Income
$320,000
Year Built
1995
Lease Term
7/1/2036
Lot Size
2.094 Acres
Building Size
28350 SQ FT
Lease Structure
NNN
Ownership Type
Fee Simple
Options
(3) - 5 Year Options
Investment Details
- Rare Unique Industrial Flex – Sale/Leaseback Investment Opportunity
- Strong Hedge Against Inflation with Fixed 2% rent Increases Annual
- Long Term 15-Year Lease Commitment with 3 – 5 Year options to extend
- Strong Robust Market Fundamentals
- Columbus, OH is one of the nation’s fastest-growing large metropolitan areas and the fastest in the Midwest
- Data Center Capital of the United States
- Columbus is consistently Highly Ranked on the Affordability Scale & Quality of Life
- Columbus recognized as America’s Product Test Market
- Strong Credible Tenant operating in innovative applications for new creative services marketing:
- EclipseCorp has been recognized as a pioneer in Grand Format 3D Printing and Mass Production, Large Format Graphics, Creative Design, and Retouching, as well as Custom Sign Fabrication.
- Strong Track record of Historical Financial Performance
- Nearly 3 Decades of Experience
- Sources & Uses
- Tenant Plans to use the capital raised by the Sale/Leaseback to explore expansion of the headquarters, to pay down variable interest debt, and hire new employees to expand existing service lines.
- NNN Lease – Limited Landlord Responsibilities
- Landlord Responsibilities are limited to roof, structure, and parking lot while all day to day operating of the building is responsibility of Tenant
Disclaimer
This Offering Memorandum (“Memorandum”) has been prepared by the undersigned real estate professional, is provided in the normal course of his/her business, and is intended to express only his/her recommended listing, selling, or purchase price or a rental or lease consideration for the Property. This Memorandum does not constitute an offer to sell, or a solicitation of an offer to buy, the Property, and has not been made for the purpose of submission as evidence of value to a court or administrative body. The disclosures herein are intended to supersede all prior written and oral communications and understandings regarding the Memorandum.
asking price
$ 4 000 000
cap rate
8.00 %
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