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4081-4099 Leap Rd – Listing Details

4081-4099 Leap Road, Hilliard, OH

  • For Sale Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Lot Size 18.66 SF
  • Year Built 1974
  • Date Updated Aug 18, 2022

4081-4099 Leap Rd is a two building, 220,975 SF infill light industrial portfolio in Columbus, Ohio’s West Submarket. The property is 92.78% leased to seven tenants operating in a diverse set of industries including distribution, precision manufacturing and residential fulfillment. The property features 16' to 23' clear height, abundant dock and drive in doors, diverse suite sizes and significant parking.

The property has experienced substantial rental rate growth in the last five years with over 30% of the portfolio renewing at an average increase of over 12% from their initial rents. The property now maintains a 4.49 year weighted average lease term remaining. The in-place rental rates for the portfolio are estimated to be 17.55% below today’s market rents in a supply constrained Columbus market experiencing 1.50% vacancy with zero planned competitive construction. Investors will benefit from the institutional quality maintenance and operational history of the asset as they continue to press rates to market levels.

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Location

  • Walk Score ® Car-Dependent (25)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Hilliard, OH
  • Neighborhood Hilliard
  • Market Columbus

Points of Interest

UDF Fuel

0.28 miles

Marathon

0.34 miles

GetGo

0.60 miles

Sheetz

0.72 miles

Speedway

0.73 miles

Speedway

1.04 miles

Circle K

1.20 miles

Exxon

1.43 miles

Speedway

1.48 miles

Shell

1.49 miles

Hertz

0.18 miles

Klean-A-Kar Express

0.43 miles

Moo Moo Express Car Wash

3.08 miles

Get Go

3.28 miles

Hydro Spray Car Wash

3.51 miles

Touchless Express Car Wash & Pet Spaw

3.71 miles

Moo Moo Express Car Wash

4.07 miles

Budget

5.01 miles

Car Wash

5.07 miles

Enterprise

6.40 miles

CVS Pharmacy

0.30 miles

Hilliard Police Department

0.59 miles

Norwich Township Fire Department Station 81

0.62 miles

Walgreens

0.98 miles

CVS Pharmacy

1.07 miles

Mt Carmel Hilliard

1.11 miles

CVS Pharmacy

1.39 miles

Norwich Township Fire Station 83

1.51 miles

Norwhich Township Fire Department

1.52 miles

Columbus Fire Station 30

1.73 miles

Kroger

0.18 miles

Aldi

0.51 miles

Giant Eagle

0.52 miles

Lattimer Square

0.90 miles

Main Street Station

0.98 miles

Target

1.07 miles

CAM Asia Market

1.17 miles

Dollar General

1.41 miles

Mail Room

2.20 miles

Big Lots

2.30 miles

Contacts

broker

Alex Cantu

Colliers

(317) 713-2114

broker

Alex Davenport

Colliers

(317) 713-2104

broker

Shane Woloshan

Colliers

(614) 410-5624

Contact 4081-4099 Leap Rd

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