Listed by Coldwell Banker Commercial Emmco Realty Group, Berkshire Hathaway HomeServices Professional Realty Dayton
Unpriced
Ohio STNL Industrial Property for Sale at an 8% CAP Rate
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 148,526
Net Rentable (SqFt) 148,526
Units 150
Cap Rate 8.00%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Year Built 1947
Year Renovated 2002
Buildings 1
Acreage 2.200
Zoning GI
Ground Lease No
Sale Condition For sale by owner
Ohio STNL Industrial Property for Sale
Marketing description
The Subject Property is 100% leased to an established company with a presence across the U.S., providing immediate structured income and operational stability for investors seeking reliable cash flow.
Positioned in a strategic industrial corridor on Cleveland's east side, the property benefits from established industrial parks and manufacturing facilities that are supported by by strong utility infrastructure. The submarket benefits from an established workforce from surrounding residential neighborhoods and adjacent communities.
The Subject Property has excellent connectivity to the regional interstate network, facilitating efficient access across the Cleveland metro and broader Ohio markets.
Investment highlights
- The subject Property is fully leased by G&S Metal Products, a privately owned company that was founded in 1949. It is one of the largest producers of metal bakeware in the United States.
- For Sale at a HIGHLY Competitive 8% CAP Rate
- Located in an Opportunity Zone in the Bessemer Industrial District
- Single story building: 148,526 SF with a ground floor office space of 8,134 SF and a mezzanine office space of approximately 4,700 SF.
- Clear-height: Varies from 18' to High Bay Area of 40'
- 7 dock doors at the loading dock areas with over-head steel panel roll-up doors with electronic openers
- Excellent accessibility with a 5 minute drive to I-77 and less than 5 minutes to I-490 and the Opportunity Corridor.
Listing Contacts
Listed by Coldwell Banker Commercial Emmco Realty Group, Berkshire Hathaway HomeServices Professional Realty Dayton
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