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1568 Georgesville Road

Updated May 12, 2025

Würth Industry North America Acquires 472000 Square Foot Industrial Facility In Columbus For $32M
SOLDIndustrial

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.

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$32,000,000

$67/SF

Industrial

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Players

Columbus Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $67 per square foot on a published $32M for 472,000 square feet (2025).

Browse Columbus industrial sales on Traded.

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

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