This exceptional investment opportunity presents a fee-simple interest in a four-building industrial portfolio totaling 84,672 square feet, located at 1100 Main Street, Cuyahoga Falls, Ohio, 44221. The property boasts a 100% occupancy rate under an absolute triple-net (NNN) lease with a remaining term of 12 years, expiring October 31, 2036. The tenant, in place since 1997, occupies four buildings: Manufacturing Plant 1 (49,421 square feet), Manufacturing Plant 2 (30,547 square feet), a storage building (3,360 square feet), and a pole barn (1,344 square feet). The property features 11 overhead cranes and multiple jib cranes, essential for the tenant's manufacturing operations. Strategically located near State Route 8, I-80 (Ohio Turnpike), and the I-77/I-76 interchange, this property offers convenient access to major transportation routes, facilitating efficient distribution. The Akron submarket's strong industrial presence, with companies like Goodyear, Pepsi, GE, and GM, further enhances the investment value. This offering presents a compelling opportunity with a 7.04% cap rate and a long-term, secure lease. The property's robust infrastructure and prime location make it an attractive asset for discerning investors seeking stable, long-term income.
Highlights
100% occupancy with an absolute triple-net (NNN) lease.
Four buildings totaling 84,672 square feet: a 49,421 SF manufacturing plant, a 30,547 SF manufacturing plant, a 3,360 SF storage building, and a 1,344 SF pole barn.
Warehouse - 84,672 SF, 12-Year NNN Lease, 7.04% Cap Rate
Where is the warehouse located?
The property is located at 1100 Main St Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 100% occupancy with an absolute triple-net (NNN) lease.; Four buildings totaling 84,672 square feet: a 49,421 SF manufacturing plant, a 30,547 SF manufacturing plant, a 3,360 SF storage building, and a 1,344 SF pole barn.; 84,672 square feet total building area.
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Contacts
Kristy Hull
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Main St Cuyahoga Falls, OH 44221
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Main St Cuyahoga Falls, OH 44221
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1100 Main St
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