1450 Tussing RdPickerington, OH 43147

For Sale
$2,600,000

High-yield, fully occupied office building. Excellent investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a three-story, 11,574 square foot Class B office building located at 1450 Tussing Rd, Pickerington, Ohio 43147. The property sits on a 2.25-acre lot and was constructed in 1996. Currently operating under a single-tenant, Net Lease (NNN) agreement, this property offers a secure, passive income stream with a 7.00% cap rate. The building is 100% occupied, providing immediate cash flow. The lease extends to 2027, offering long-term stability for investors. This is a true triple-net lease, meaning the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance. The property is classified as both Traditional Office and Executive Office space, catering to a diverse range of potential tenants. The asking price for this turnkey investment is $2,600,000. This represents a compelling opportunity for investors seeking a stable, high-return investment in a desirable location within Fairfield County. The property's strong occupancy rate and long-term lease make it an attractive addition to any portfolio.

Highlights

  • Pickerington, OH NNN-Leased Investment Property
  • Net Lease through 2027

Property Details for 1450 Tussing Rd

Property type
Other office properties, Office properties
Square Feet
11,574 SF
Class
B
Year Built
1996
Stories
3
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Pickerington
County
Fairfield
State
Ohio
Latitude
39.9293846
Longitude
-82.7917452
1450 Tussing Rd, Pickerington, Ohio

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1450 Tussing Rd
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