Updated Jul 21, 2025
Blue Vista Acquires 257400 SF Industrial Building In Obetz For $37.65M
3188 Toy Road
$37,650,000
$146/SF
Building Size
257,400 SF
Asset Type
Industrial
Closing
Jul 18, 2025
About this deal
AI
Blue Vista purchased an industrial property located at 3188 Toy Road in Obetz, OH, for a total of $37,650,000. The building encompasses 257,400 square feet and sits on a 19-acre site. The property, built in 2022, is strategically positioned near Rickenbacker International Airport and is partially occupied by AIT Worldwide Logistics and Ferguson Fire & Fabrication.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $37,650,000
- Sale Date: 07/18/2025
- Address: 3188 Toy Road, Obetz, OH
- Square Footage: 257,400
- Price Per Square Foot: $146
- Acres: 19
The transaction involved Blue Vista as the buyer. The information regarding the representatives for the seller or any brokers involved in the deal has not been disclosed in the context provided.
Players
Groveport 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93