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3700 Lacon RdHilliard, OH 43026
Hilliard Commerce Center
Asset ClassIndustrial
MSAColumbus, OH
Square Feet: 177,680Occupancy: 87%Weighted Average Lease Term: 1.9 YearsAccess 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 177,680 SF (167,424 SF footprint) on 18.61-acres in the West submarket of Columbus. The Offering is 87% occupied. Featuring 1.9 years of weighted average leased term remaining (as of 5/1/2024) and in-place rents that are well-below market, the Hilliard Commerce Center presents investors a rare opportunity to acquire asought-after infill, Class-B warehouse and functional outdoor storage with significant upside through the mark-to-market opportunity allowing future ownership to materially drive NOI.

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Investment Highlights

  • Functional Industrial with Outdoor Storage
  • Near-Term Mark-to-Market Oppportunity
  • Access to Critical Transportation Infrastructure
  • In Proximity to Deep Blue-Collar Labor Pool
3700 Lacon RdHilliard, OH 43026

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