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3188 Toy Road

Updated Jul 21, 2025

Blue Vista Acquires 257400 SF Industrial Building In Obetz For $37.65M
SOLDIndustrial

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

AL
AIT Worldwide LogisticsTenant

Groveport Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $146 per square foot on a published $37.7M for 257,400 square feet (2025).

Browse Groveport industrial sales on Traded.

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

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