165 Smokerise Dr - Office FOR SALE


Wadsworth, OH 44281
$6,230,000 USD
614-802-2900
165 Smokerise Dr, Wadsworth, OH for Sale
$6,230,000 USD
Office - FOR SALE
1/7
null | 7.51% Cap Rate

165 Smokerise Dr
Wadsworth, OH 44281


OVERVIEW

100% occupied 30,248 SF NNN office investment (lease expires March 31, 2030). Built in 1989 and renovated in 2019; new roof installed in 2019. The tenant, CDM Smith Inc., is an American engineering and construction company with over 6,000 employees in 131 offices—85 of those being in the United States. An additional two (2) acres of developable land valued at $300,000 is included in the sale. 140 surface parking spaces. Wadsworth, Ohio is one of the fastest growing cities in northeast Ohio with huge potential for business growth.

FOR SALE DETAILS

PRICE

$6,230,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

3.74 AC

LAND SF

162,914 SF

ZONING

C-3

APN/PARCEL ID

040-20A-03-180

ASK ABOUT THIS PROPERTY

Jeff MeyerEquity, LLCMore Info
614-802-2900

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Jeff MeyerEquity, LLCMore Info
614-802-2900

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