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$1,050,000

  • Sold
  • Closed
  • Commercial
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FANTASTIC IRS Section 1031 Like Kind Exchange replacement property with strong return. Fantastic location in Green Meadows Commerce Center at 8861 Whitney Drive featuring 15,120 square foot office/showroom/warehouse condo inGreen Meadows Commerce Center in Lewis Center, OH. NNN leased through July, 2025 with2 - 5 year renewals to Environmental Stoneworks. Rental income of $88,305 annuallyw/2.5% increases annually. Absolute NNN lease - tenant pays interior, exterior maintenance,taxes, insurance and condo dues. Environmental Stoneworks provided and installs stoneveneer for residential & commercial properties. Lease documents provided to qualified buyers with a signed Confidentiality/Non - Disclosure Agreement. Asking price of $990,000 - 8.9 CAP !!! RARE FIND !!!

Full Property Details for 8861 Whitney Dr

General

  • Sold For: $1,050,000
  • Taxes: $32,898
  • Status: Closed
  • Type: Commercial
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 222024644
  • Added to Site: 952 day(s) ago

Location

  • Municipality: Delaware
  • County: Delaware
  • Township: None
  • Development Name: Showroom/Office and warehouse in Green Meadows Center Commerce Center
  • Cross Streets: Center, Powell Road
  • Close To: Powell/Center
  • Dist. to Freeway: .1

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Gas

Structural Information

  • Construction: Block, Masonry
  • # Loading Docks: 2
  • Dock Size: 10 X 12
  • Floors Above Grnd: 1
  • Square Feet: 15,120
  • Previous Bldg. Use: Investment
  • Additional Use: Office
  • Office: 3,000 Sq. Ft.
  • Minimum Avail: 15,120 Sq. Ft.
  • Year Built: 2001
  • Remodeled/Updated: 2018

Unit Information

  • Occupancy Rate: 100

Lot Features

  • Lot Dimensions: Irregular
  • Zoning: Commercial

Financial Considerations

  • For Sale: Yes
  • Lease Rate $/SqFt: $7.3
  • Tax Amount: $32,898
  • Terms: Conventional

Disclosures and Reports

  • Property ID: 31304014544

Listed by Howard Hanna Real Estate Servi (614) 471-7400, Gregory J Hrabcak and Howard Hanna Real Estate Servi (614) 471-7400, Cole Griesinger
Sold by Rich Russo Realty & Co., Richard Russo

Listing agents

— 8861 Whitney Dr —

  • Gregory J Hrabcak

    Howard Hanna Real Estate Servi

    (614) 471-7400

  • Cole Griesinger

    Howard Hanna Real Estate Servi

    (614) 471-7400

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8861 Whitney Dr

School District:Olentangy Local Schools
RatingNameGradesDistance
8
Glen Oak Elementary School
7300 Blue Holly Dr, Lewis Center, OH 43035
PK-51.4 mi
9
Shanahan Middle School
814 Shanahan Rd, Lewis Center, OH 43035
6-83.8 mi
10
Olentangy High School
675 Lewis Center Rd, Lewis Center, OH 43035
9-123.3 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8861 Whitney Dr

Date
Details
Price
Change
Source
9/02/2022
Sold
$1,050,000
6.06%
MLS
7/05/2022
Listed
$990,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Howard Hanna Real Estate Servi (614) 471-7400, Gregory J Hrabcak and Howard Hanna Real Estate Servi (614) 471-7400, Cole Griesinger
Sold by Rich Russo Realty & Co., Richard Russo

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7058 Kinsale Ln, Powell, OH 43065 - Photo 1 Just Listed
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7058 Kinsale Ln  Powell, OH 43065

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Price Reduced near 8861 Whitney Dr

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5762 Shadowfair Ln, Powell, OH 43065 - Photo 1 Price Reduced
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5762 Shadowfair Ln  Powell, OH 43065

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421 Hidden Ravines Dr, Powell, OH 43065 - Photo 1 Price Reduced
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Listed by New Advantage, LTD (513) 432-6458, Daniel V Tartabini (614) 321-1139

Recent Sales near 8861 Whitney Dr

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8861 Whitney Drive, Lewis Center, OH 43035 (MLS# 222024644) is a Commercial property that was sold at $1,050,000 on September 02, 2022. Want to learn more about 8861 Whitney Drive? Do you have questions about finding other Commercial real estate for sale in Lewis Center? You can browse all Lewis Center real estate or contact a Coldwell Banker agent to request more information.

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