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2300 Mcgaw Road

MMR Group, Inc. Leases 214,000 Square Feet Industrial Property In Columbus From Founders Properties
LEASEDIndustrial

MMR Group, Inc. Leases 214,000 Square Feet Industrial Property In Columbus From Founders Properties

2300 Mcgaw Road

Building Size

214,000 SF

Asset Type

Industrial

Closing

Mar 10, 2026

AI

The industrial property located at 2300 McGaw Road in Columbus, OH encompasses 214,000 square feet. This asset is leased by MMR Group, Inc. from Founders Properties.

Summary of transaction details:

The transaction was facilitated by CBRE, with Weston Devore and Jennifer Jordan representing MMR Group, Inc. while Philip Pelok, Shane Ellis, and Jeff Lyons represented Founders Properties.

Players

Philip Pelok

Broker

1 deal

Broker
FP
Founders PropertiesLandlord

Columbus Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93