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4440 Hamilton Scipio Road, ...

W.P. Carey Acquires Industrial Property In Groveport, OH For $30M
SOLDIndustrial

W.P. Carey Acquires Industrial Property In Groveport, OH For $30M

4440 Hamilton Scipio Road, Hamilton, OH, USA

$30,000,000

$52/SF

Building Size

566,981 SF

Asset Type

Industrial

Closing

Oct 20, 2021

AI

Located at 4440 Hamilton Scipio Road in Groveport, OH, this industrial property was recently sold for a whopping $30,000,000. With a total square footage of 566,981, the property translates to a price per square foot of $52. It was a closed transaction, with no additional details available.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $30,000,000
  • Address: 4440 Hamilton Scipio Road, Groveport, OH
  • Market: Groveport, OH
  • Buyer: W.P. Carey
  • Buyer's Representative: Joshua Peck & Susan Annis - GFI Realty
  • Seller's Representative: Yisroel Pershin - GFI Realty
  • Total Square Footage: 566,981
  • Price Per Square Foot: $52

The buyers, W.P. Carey, were represented by Joshua Peck and Susan Annis from GFI Realty. On the other hand, Yisroel Pershin, also from GFI Realty, acted as the seller's representative in the deal. These key individuals and companies played a crucial role in the successful transaction. As the deal has been closed, there is no additional information available.

Players

Yisroel Pershin

GFI Realty Services

Broker

$230M

vol

13 deals

Broker

Hamilton 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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93