EXECUTIVE SUMMARY

Cushman & Wakefield’s National Industrial Advisory Group has been retained by ownership as its exclusive advisor in the sale of Dearborn Professional Park (the “Property”), a 342,926-square-foot, highly functional industrial asset located at 1050 Dearborn Drive in Columbus, Ohio.

 

Originally owned and operated by a single tenant, the Property has since been transformed through recent significant capital investment. Ownership executed a partial sale-leaseback and repositioned the building into a multi-tenant layout, bringing occupancy to 96% across five diverse tenants. With an average tenant size of approximately 66,000 square feet, the Property meets demand in a size range with little competing supply.

 

Strategically positioned in Columbus’ premier Northeast industrial submarket, the Property benefits from an infill location with immediate interstate connectivity, proximity to a deep labor pool, and abundant surrounding amenities.

 

This opportunity allows investors to acquire a modernized, well-leased industrial facility at a discount to replacement cost in a supply-constrained, infill location where new development is limited. With recent ownership investment and durable in-place cash flow, the Property offers both immediate income security and long-term potential.

INVESTMENT HIGHLIGHTS

  • Strategic Infill Location with Immediate Interstate Access
  • Significant Discount to Replacement Cost
  • Columbus: Top Performing Market
  • E-Commerce Heartland

OFFERING AT A GLANCE

Size: 342,926 SF
Building: 1
Tenant: 5
Leased: 96%
WALT:

6.1 Years

Clear Height: 22-24'
Year Built: 1974 / 1999 Addition

 

CONTACTS

ADAM TYLER

Vice Chair

+1 312 470 1840
adam.tyler@cushwake.com

MIKE TENTERIS

Vice Chair
+1 312 470 3832
michael.tenteris@cushwake.com

JIM CARPENTER

Vice Chair
+1 312 470 3830
jim.carpenter@cushwake.com

MEGAN BARKER
Director
+1 312 424 8202
megan.barker@cushwake.com 

 

DAN COONEY

Associate
+1 312 995 5163
dan.cooney@cushwake.com 

 

DOMENIC SKUNDA

Director

+1 614 827 1712

domenic.skunda@cushwake.com 

 

 

JEFF ALTENAU
Vice Chair
+1 312 470 2355
jeff.altenau@cushwake.com 

ZACH YARNOFF

Managing Director
+1 312 424 8205
zach.yarnoff@cushwake.com