Updated May 12, 2025
Würth Industry North America Acquires 472000 Square Foot Industrial Facility In Columbus For $32M
1568 Georgesville Road
$32,000,000
$67/SF
Building Size
472,000 SF
Asset Type
Industrial
Closing
Mar 21, 2025
About this deal
AI
An industrial facility located at 1568 Georgesville Road in Columbus, Ohio, has been sold for $32 million. The property encompasses 70 acres and features a total square footage of 472,000. The price per square foot stands at $68.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $32,000,000
- Address: 1568 Georgesville Road
- Market: Columbus, OH
- Square Footage: 472,000 SF
- Price per Square Foot: $68
- Buyer: Würth Industry North America
- Seller: MSC Industrial Supply
- Acquisition Date: 03/21/2025
Würth Industry North America has made this acquisition as part of a larger $42.5 million investment strategy, which includes plans for a potential expansion of the facility to 500,000 square feet. Additionally, Würth intends to create up to 160 new full-time jobs under a Jobs Growth Incentive Agreement supported by the city.
On the Map
$32,000,000
$67/SF
Industrial
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Players
Columbus Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93