- For Sale $7,000,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 145,153 SF
- Lot Size 7.18 SF
- Year Built 1970
- Date Updated Oct 27, 2026
Description
Colliers, as the exclusive advisor, is pleased to present the opportunity to acquire the unencumbered fee simple interest in 2860 N National Road, located in Columbus, Indiana. The Property comprises of 7.18 acres, zoned I-1 (light industrial), with 145,153 square feet of functional warehouse and office space.
The Property is fully leased to three tenants, two of which are controlled by current ownership and intend to continue their leases coterminously through 2029. As of October 1, 2026, the Property has a weighted average lease term (WALT) of 3.57 years, providing long-term income stability. In-place rents currently average approximately 15% below today’s market rates, presenting a clear value-add opportunity through future rent growth. The building features 10 dock doors, 3 drive-in doors, and is fully sprinklered, offering functional industrial infrastructure.
This opportunity is ideal for investors seeking a cash-flowing asset supported by stable in-place tenancy and built-in upside from contractual rent increases. Strategically positioned in an infill location in Columbus, Indiana, the Property offers potential for both income growth and long-term value appreciation.
Available
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