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3700 Lacon RdHilliard, OH 43026
Hilliard Commerce Center
Asset ClassIndustrial
MSAColumbus, OH
Square Feet: 167,424Land: 18.61 AcresOccupancy: 25%Access Data Room
Hilliard Commerce Center
overview of deal

Overview

Jones Lang LaSalle (“JLL”) has been exclusively retained to market for sale the Hilliard Commerce Center (the “Property”). The Property is comprised of one (1) 161,756 SF warehouse and one (1) 5,668 SF maintenance shop totaling 167,424 SF on 18.61-acres in the West submarket of Columbus. The Offering is 25% occupied, presenting investors the ideal value-add opportunity to lease up 125,000 SF and materially enhance revenue. Additionally, with just 1.5 years of WALT remaining (as of 3/1/2025) and in-place building rents 10.7% below market, investors can drive yields further. The Hilliard Commerce Center presents a rare opportunity to acquire a sought-after infill, Class-B warehouse and functional outdoor storage with significant value-add upside at a basis well-below replacement cost.

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Investment Highlights

  • Functional Industrial with Outdoor Storage
  • Value-Add, Lease-Up Opportunity
  • Access to Critical Transportation Infrastructure
  • In Proximity to Deep Blue-Collar Labor Pool
3700 Lacon RdHilliard, OH 43026

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Listing provided by Revere CRE