1360 Reimer Rd - Flex FOR SALE


Wadsworth, OH 44281
$3,240,400 USD
330-321-8949
1360 Reimer Rd, Wadsworth, OH for Sale
$3,240,400 USD
Flex - FOR SALE
1/9
null | Request Cap Rate

1360 Reimer Rd
Wadsworth, OH 44281


OVERVIEW

New, 20 year lease as of July 1, 2025 with a "Fortune 10" company with a national footprint. This tenant has been leasing this property since 2010. The new 20 year lease is Four, 5 year terms with built in rent increases. Blended Cap Rate of 6.5%. The Tenant has the option to renew for each subsequent 5 year term. Major renovation in 2016. New interior renovations worth over $500,000 were just completed September 2025. Landlord responsibilities are the roof (new 2016), exterior walls and the asphalt parking lot surface. The front section of the building is executive office space, restrooms, six large, open concept employee rooms and a large employee Lounge. The rear section of the building is a fully insulated, heated and cooled "warehouse-like" building with 16 foot ceilings, 1 large bay door, 3 additional bay doors that have been walled up but could easily be opened back up and a large mezzanine floor for storage. The property includes a large, automated diesel generator if there is a loss of commercial power. The building has extensive Security camera coverage. All exterior doors are locked 24 / 7 and can only be accessed with employee key cards. The property is less than a mile to I - 76 and just minutes to I - 77 and I - 71.

FOR SALE DETAILS

PRICE

$3,240,400 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

103

LAND DETAILS

LAND ACRES

1.74

LAND SF

75,794

ZONING

Commercial

APN/PARCEL ID

040-20A-01-002,040-20A-01-003

ASK ABOUT THIS PROPERTY

Andy GrahamBig Sky, Inc.More Info
330-321-8949

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Andy GrahamBig Sky, Inc.More Info
330-321-8949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.