Skip to main content

Net Lease

United Rentals - Columbus, OH

4141 Hamilton Square Blvd, Groveport, OH 43125

Listing Price: $8,563,000

Cap Rate
6.50%
Gross SF
57,538
Price/Gross SF
$148.82
Lot Size
13.09 acres
Year Built
1998
Rentable SF
57,538

Investment Overview

Brand New Five-Year Lease | Commenced April 2021

Corporate Guaranty with U.S. Largest Equipment Rental Company

Rare 15% Rental Increases During Each Option Period

Branch Serves as Center of Excellence Training Location

Massive Storage Lot Spanning Over 13 Acres

Former Franklin Equipment Headquarters

Direct Frontage on U.S Route 33 | 61,000+ AADT

Quick Access to Major Thoroughfares | I-270, I-70, I-71 & U.S. Rte 33

Franklin Equipment Acquired by United Rentals in 2021

Located in the Columbus MSA | 32nd Largest in the U.S.

Strong Demographics | 164,000+ Within a Five Mile Radius

Investment Highlights

  • Brand New Five-Year Lease
  • Corporate Guaranty with U.S. Largest Equipment Rental Company
  • Located in the Columbus MSA

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $8,563,000

Cap Rate
6.50%
Gross SF
57,538
Price/Gross SF
$148.82
Lot Size
13.09 acres
Year Built
1998
Rentable SF
57,538

Investment Highlights

  • Brand New Five-Year Lease
  • Corporate Guaranty with U.S. Largest Equipment Rental Company
  • Located in the Columbus MSA

Investment Overview

Brand New Five-Year Lease | Commenced April 2021

Corporate Guaranty with U.S. Largest Equipment Rental Company

Rare 15% Rental Increases During Each Option Period

Branch Serves as Center of Excellence Training Location

Massive Storage Lot Spanning Over 13 Acres

Former Franklin Equipment Headquarters

Direct Frontage on U.S Route 33 | 61,000+ AADT

Quick Access to Major Thoroughfares | I-270, I-70, I-71 & U.S. Rte 33

Franklin Equipment Acquired by United Rentals in 2021

Located in the Columbus MSA | 32nd Largest in the U.S.

Strong Demographics | 164,000+ Within a Five Mile Radius

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

MM Texture Background
MM Textured Background Lower