For Sale
$11,595,592

4288 Armstrong Blvd Batavia, OH 45103

Ohio Manufacturing Facility, 150,279 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
This Batavia, Ohio industrial property offers a compelling sale-leaseback opportunity. The 150,279-square-foot manufacturing and warehouse facility, built in 1990 and renovated in 2017, sits on a 7.38-acre lot at 4288 Armstrong Blvd, Batavia, OH 45103. Currently 100% occupied by a single tenant under an absolute triple-net (NNN) lease, the property boasts a strong 8.10% cap rate and a substantial net operating income (NOI) of $939,243. The asking price is $11,595,592. The lease features 2.0% annual rent bumps and flexible options including 4, 5-year or 2, 10-year terms. The building includes 13 loading docks and a 22-foot ceiling height. The tenant, with over 65 years of operating history, serves the aerospace and defense industries, specializing in assembly and precision components, having invested over $13 million in on-site manufacturing equipment. This mission-critical facility benefits from its location in the robust Cincinnati industrial market and offers long-term, secure income with no landlord responsibilities. The sale includes the existing tenant's lease.

Highlights

  • Triple-net lease with no landlord responsibilities.
  • Strong Cincinnati industrial market location.
  • Mission-critical aerospace and defense manufacturing facility.
  • Over $13 million in manufacturing equipment and machinery.
  • Tenant boasts over 65 years of operating history.

Property Details for 4288 Armstrong Blvd

Property type
Warehouses, Industrial properties
Square Feet
150,279 SF
Year Built/Renovated
1990/2017
Lot Size (sq. ft)
321,473 SF

Location Insight

City
Batavia
County
Clermont
State
Ohio
Latitude
39.0815602
Longitude
-84.2165471

FAQs

What type of property is this?
Warehouse - Ohio Manufacturing Facility, 150,279 SF
Where is the warehouse located?
The property is located at 4288 Armstrong Blvd Batavia, OH.
What is the asking price?
The asking price for this property is $11,595,592.
What are key features of this property?
This property features: Triple-net lease with no landlord responsibilities.; Strong Cincinnati industrial market location.; Mission-critical aerospace and defense manufacturing facility.
How can I contact the broker?
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4288 Armstrong Blvd
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