Remarks

100% occupied NN lease industrial property offered at well below replacement cost. Prime NEO location only one mile from I-480 and three miles from I-271. This location offers ease of access to Cleveland and Akron markets. Both flat roofs were resurfaced in 2022 with cost exceeding $215,000. Class B buildings sited on an estimated four acres. Each unit has at least one drive-in bay and two docks with levelers. Public water & sewer present and in use by tenants. Masonry block exterior construction. Approximately 50,000 SF of onsite parking. Average unit size of 10,000 SF. Each unit has combination of warehouse and office space. Office spaces range 1,700 SF to 2,100 SF. Warehouse space for each unit is approximately 8,500 SF. Upgraded lighting with clear height ceilings of approximately 16.5 FT. Electric heat in office spaces and gas powered reznor heaters in warehouse spaces.

Details

MLS#: 5043209
Price: $2,900,000

Style: Warehouse
Sq Ft: 0
Year Built: 1978

County: Summit
Subdivision: Midway Indust Park
Tax Fee: 30717

School District: Twinsburg CSD - 7716