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JLL is pleased to offer for sale the fee simple interest in a single-tenant, corporate, net leased Columbia Gas of Ohio, Inc. grounds maintenance facility in Athens, OH. The tenant is a wholly-owned subsidiary of NiSource, Inc., which provides essential natural gas and electricity distribution services to 4 million customers around the country. The light industrial asset features just under 19 years of remaining lease term, allowing investors the opportunity to secure long-term cash flows.
- Long term, net lease structure with minimal landlord responsibilities
- Strong corporate tenant with investment grade parent company
- Recently built industrial asset in accessible location