Owner/User Investment Opportunity
Office | 7.50% CAP | 12,311 SF
Marketing description
EXECUTIVE SUMMARY
This newer two-story office building, constructed in 2006, presents an exceptional opportunity for owner-users in a thriving and high-traffic location. The property boasts a total rentable building area (RBA) of 12,311 SF, with each floor offering 6,000 SF of flexible space. Its attractive wood frame construction and modern design contribute to its impressive curb appeal, making it a standout asset in the growing area.
Strategically positioned with easy access to I-90, State Route 301, and Lorain County Community College, the property offers convenience and accessibility, key factors for any business. Currently, the building enjoys a strong occupancy rate of 93%, providing a solid income stream and excellent potential for upside. With multi-tenant flexibility and a prime location, this office property is an ideal investment for those seeking a well-maintained, high-visibility office space with significant long-term value.
Investment highlights
PROPERTY HIGHLIGHTS
• Two (2) story newer construction with great curb appeal
• High traffic location in growing area
• Easy access to I-90, S.R. 301 and Lorain County Community College
• Property includes gym with shower
• Great owner/user opportunity
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