4585 Cornell Rd - Manufacturing FOR SALE


Blue Ash, OH 45241
$3,800,000 USD
678-595-5954
4585 Cornell Rd, Blue Ash, OH for Sale
$3,800,000 USD
Manufacturing - FOR SALE
1/25
null | 6.67% Cap Rate

4585 Cornell Rd
Blue Ash, OH 45241


HIGHLIGHTS

  • 30,749 SF Flex Building Leased Through 6/30/2031
  • New 10,000 SF Addition in 2021
  • Below Market Rents
  • Located in a Highly Desirable and Accessible Location
  • Surrounded by Popular Retailers Such as McDonalds, Chik-fil-a, Chipotle and More

OVERVIEW

NAI Bergman, as exclusive advisor to the seller, is pleased to offer the opportunity to purchase this exceptional STNL investment opportunity leased to a well established 35 year old company for approximately six more years. The property consists of a +/- 30,749 SF Flex property located in the heart of Blue Ash. Situated on 3.094 acres. The original building consists of approximately 13,323 SF of office space and 7,149 SF of warehouse space. A new ~10,000 SF warehouse addition was added in 2021. This is an exceptional offering to purchase a desirable property type with a long-term lease in place and located in a high-demand location.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

50

LAND DETAILS

LAND ACRES

3.09

LAND SF

134,600

ZONING

BAN

APN/PARCEL ID

612-0170-0111

ASK ABOUT THIS PROPERTY

Michael BergmanNAI BergmanMore Info
678-595-5954

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Michael BergmanNAI BergmanMore Info
678-595-5954

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