1150-1160 Newark Rd - Warehouse FOR SALE


Zanesville, OH 43701
$2,500,000 USD
1150-1160 Newark Rd, Zanesville, OH for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

1150-1160 Newark Rd
Zanesville, OH 43701


HIGHLIGHTS

  • 36 Acres of Additional Land
  • 100% fully occupied

OVERVIEW

Attention Investors and end users! Nearly 50,000 sq. ft FULLY OCCUPIED warehouse/industrial building situated on 36 acres of land along SR 146 in an un-zoned part of Falls Township. This property sits on the City of Zanesville border. 36 acres of land that is excellent for further development. Concrete floors are 6 inch think, 14 ft overhead doors. Each space includes office area and restrooms. 3 Phase, 240 amp electric service. Tenant Details: Zanesville Autobody: Occupies 10,300 Sq. Ft $3583/month base rent Tenant Pays NNN’s monthly Lease began in 2023 lease Expires 4-30-26 3300 Sq. Ft Office Included Zanesville Autobody (Additional): Occupies 4247 Additional Sq Ft. Beginning Aug 1- $1416/month. Shirley K's: Occupies 34,984 Sq Ft $6741/month base rent until 3-30-26. Effective 4-1-26 Base Rent Increases to $8192/month. Tenant Pays NNN’s monthly. Lease began in 2022. Expires 3-31-29 5000 Sq. Ft office Included

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

36.6

LAND SF

1,594,296

ZONING

IND

APN/PARCEL ID

17-79-02-08-000,17-79-02-09-000,17-79-02-10-000,17-79-02-11-000

ASK ABOUT THIS PROPERTY

Roberta (Bobbi) LepiLepi & Associates Real Estate ServicesMore Info

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Roberta (Bobbi) LepiLepi & Associates Real Estate ServicesMore Info

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