America’s Floor Source – Columbus West – Net Leased Showroom/Offices/Warehouse
Sale Price: $2,866,875
Highlights
- • Single Tenant Net Leased Investment starting at a 6.75% Cap Rate with 2% annual base rent increases
- • Strong Tenant/Corporate Guarantor – America’s Floor Source (“AFS”) - one of the Nation’s largest flooring companies with over $208M in 2024 revenue
- • 5-year initial lease term with (2) 5-year renewal options
- • AFS Annual Revenue continues to increase year over year as follows $208M (2024); $178M (2023); $190M (2022); $172M (2021); $109.5M (2020); $105.5M (2019); $95M (2018)
- • Tenant has occupied this location since 2010
- • Great Signage, Access and Visibility
- • Strong Average Daily Traffic Count – 12,635 Cars Per Day (2023)
Space Details
- Building Size: 18,220 sqft
- Acres: 2.070