1959 Summit Commerce Park - Flex FOR SALE


Twinsburg, OH 44087
$7,860,000 USD
619-884-4875
1959 Summit Commerce Park, Twinsburg, OH for Sale
$7,860,000 USD
Flex - FOR SALE
1/4
null | 5.5% Cap Rate

1959 Summit Commerce Park
Twinsburg, OH 44087


OVERVIEW

Kidder Mathews in association with Deno Bistolarides of Encore Real Estate Investment Services LLC (Broker of Record License #OH - REC 2023002305) is pleased to present to qualified investors, a premier investment opportunity: the fee simple acquisition of a single-tenant office and industrial facility leased to Fujifilm, located in Twinsburg, Ohio. Originally developed in 1997 as a build-to-suit for Hitachi Imaging Systems, the property underwent a 13,572-square-foot expansion in 2001 to support the tenant’s ongoing growth. Since inception, the tenancy has remained uninterrupted, with multiple lease renewals reflecting a strong, long-term commitment to the site. Most notably, Fujifilm recently executed an early lease extension through October 31, 2033, leaving over eight years of term remaining—underscoring their continued confidence in this strategic location. Prior to Fujifilm’s acquisition of Hitachi’s Diagnostic Imaging division in 2020, Hitachi retrofitted the facility with six MRI and CT scanner suites used for training and demonstration purposes. The building boasts significant infrastructure tailored for high-performance medical imaging and diagnostic operations. Currently, 62% of the building is dedicated to warehouse/research and training use, while 38% serves as office space. Fujifilm, an investment-grade tenant is currently rated A+ by Standard & Poor’s, occupies this high-quality facility within a desirable office and industrial corridor—an asset class that has proven increasingly resilient in today’s evolving market landscape. With stable tenancy, specialized improvements, and a long-term lease in place, this offering presents a rare opportunity to acquire a mission-critical facility in an affluent and established Ohio submarket. Contact the listing broker for further details and a complete offering memorandum.

FOR SALE DETAILS

PRICE

$7,860,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FujiFilm - Recently Extended Lease

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

75

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

Industrial

APN/PARCEL ID

64-07435,64-08678

ASK ABOUT THIS PROPERTY

Sam HannaKidder MathewsMore Info
619-884-4875

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Sam HannaKidder MathewsMore Info
619-884-4875

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