Listed by SVN Summit Commercial Real Estate Advisors
$1,500,000
939 Wooster Road North
Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 87,806
Cap Rate 10.03%
NOI $150,396
Lease Type NNN
Lease Expiration 11/30/2027
Remaining Term 2.7
Lease Options One, 5-Year Extension
Price per SqFt $17
Stories 2
Acreage 2.590
Zoning I-1
Industrial | 10.03% CAP | 87,806 SqFt
Marketing description
SVN Summit Commercial Real Estate Advisors is proud to exclusively present 939 Wooster Road North For Sale in
Barberton, Ohio. This opportunity is for investors in the form of a Net Leased Single Tenant Industrial Investment. An industrial machining manufacturing facility with tenant Cardinal Rubber Company who specializes in compression molding, transfer molding, and rubber to metal bonding. Tenant is in year three of a five-year lease with one five year renewal option.
Investment highlights
- Approx. 88,800 S/F two story industrial machining manufacturing facility.
- Tenant has been at the location since 1946.
- EPDM rubber membrane roof completed in sections beginning in 2004 and extending through 2007
Listing Contacts
Listed by SVN Summit Commercial Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,396.00
$12,533.00/mo
Valuation Metrics
0
DSCR
10.03%
Cap Rate
10.03%
ROI
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