Updated Jul 14, 2025
RM-USE LLC Sells Fully Leased Industrial Property In Columbus For $2.52M With Nathan Pealer As The Broker
2536 Creekway Drive
$2,520,000
$99/SF
Building Size
25,360 SF
Asset Type
Industrial
Closing
Jul 10, 2025
About this deal
AI
The industrial property located at 2536 Creekway Drive in Columbus, OH, has been sold for $2,520,000. The asset encompasses 25,360 square feet and was transacted at a price per square foot of $99. It is fully leased to Service Partners through a NNN lease that extends until 2029.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,520,000
- Square Footage: 25,360
- Price per Square Foot: $99
- Address: 2536 Creekway Drive
- Market: Columbus, OH
- Seller: RM-USE LLC
- Broker: Nathan Pealer - Marcus & Millichap
Marcus & Millichap facilitated the sale, achieving 99% of the asking price, which indicates a robust demand for stabilized industrial properties in the Columbus market. Nathan Pealer represented the seller in this transaction.
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
6.29%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93