Net Leased Industrial Portfolio | OH, KY & WV
1527 Old Leonard Avenue
Columbus, OH 43219
Highlights
- 5-Year Lease Term with 44 Months Remaining
- 100% Leased to 2J Supply, LLC
- 2023: Acquired by Rheem Manufacturing Co.
- $6 Billion in Rheem Global Revenue (2022)
- Strategic Locations Across 3 States / 9 Markets
- Custom-Built Facilities with High Renewal Outlook
Description
This offering features a fully leased portfolio of nine industrial assets totaling 317,516 SF across nearly 39 acres, strategically spread across nine cities and counties in Ohio, Kentucky, and West Virginia. Each property offers direct access to major roadways, supporting efficient logistics and distribution.
The entire portfolio is 100% leased to a third-generation HVAC distributor operating 11 branches across four states (the seller owns nine of those eleven branch properties). In 2023, 2J Supply was acquired by Rheem Manufacturing Company, a global HVAC leader with approximately $6 billion in revenue (2022), bolstering the tenant’s operational strength and long-term stability.
The properties are purpose-built for the tenant’s business, with limited availability of similar industrial assets in these markets—supporting strong renewal probability and sustained occupancy. Backed by favorable HVAC market fundamentals and a globally supported tenant, this portfolio represents a compelling, income-secure investment opportunity.
Located across nine cities and counties in Ohio, Kentucky, and West Virginia, each site offers direct access to major roads and highways, optimizing distribution and tenant logistics.
