6190 Enterprise CtDublin, OH 43016

Exceptional investment opportunity: a 34,524 square foot, multi-tenant flex property located at 6190 Enterprise Ct, Dublin, OH 43016. This Class C industrial property sits on a 3.33-acre lot and features four single-story buildings, totaling 34,524 square feet. Currently 100% occupied by two tenants, S&ME and Eficens Systems, under a triple-net (NNN) lease structure. The property boasts a strong 8.22% cap rate and a 2024 NOI of $337,062. Built between 1991 and 2004, the property offers 131 parking spaces and is zoned for Technology Flex use. The weighted average lease term (WALT) is 53 months as of July 2024. One tenant, S&ME, recently extended their lease through February 28, 2030, and will return a 6,960 square foot building on January 1, 2025, presenting a pre-leasing opportunity. The property benefits from low vacancy rates in the Dublin market: 1.5% for flex space and 2% for warehouse space. The asking price is $4,100,000, translating to $118.76 per square foot. This presents a rare opportunity to acquire a well-located, high-performing flex property in a desirable Dublin, Ohio location. The property's strong tenant base and favorable market conditions make it an attractive investment prospect. The projected stabilized NOI in 2026 is $384,539. The APN is 273-012244.