5455 Roan Rd - Manufacturing FOR SALE
Sylvania, OH 43560 |
$510,366 USD
248-702-0288
5455 Roan Rd
Sylvania, OH 43560
HIGHLIGHTS
- 100% occupied multi-tenant flex — three in-place tenants across 7,200 SF provide diversified, stabilized cash flow and insulate ownership
- Attractive 9.00% cap rate on $45,933 NOI — strong going-in yield relative to comparable Northwest Ohio flex and small-bay product
- Mark-to-market upside — in-place rents averaging $8.67/SF leave room to push toward market on renewal or rollover across the three units
- Functional small-bay configuration — 1,800–3,600 SF suites with grade-level loading appeal to the deep pool of local users
- High-demand Sylvania location — affluent suburban submarket (avg. HH income $105K+ within 1 mile) with immediate access to I- 475/U.S. 23
- Flexible 31-M1 Light Industrial zoning supports a broad range of permitted uses, supporting long-term tenant demand and exit optionality
FOR SALE DETAILS
PRICE
$510,366 USD
PRICE/SF
$71 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1983
UTILITIES
-
CLEAR CEILING HT
16 Ft
DOCKS
-
DRIVE INS
1
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.32
LAND SF
13,939
ZONING
M-1
APN/PARCEL ID
82-82387
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248-702-0288
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248-702-0288
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