7761 1st Pl - Manufacturing FOR SALE


Oakwood Village, OH 44146
$948,000 USD
216-381-8200
7761 1st Pl, Oakwood Village, OH for Sale
$948,000 USD
Manufacturing - FOR SALE
1/10
null | Request Cap Rate

7761 1st Pl
Oakwood Village, OH 44146


HIGHLIGHTS

  • Excellent Location - One Block from Interstate 271 Provides Regional Access
  • Rare Cell Tower Lease- Opportunity for Owner/User to Collect Cell Tower Rent
  • Excellent Site Attributes- Block Building with Concrete Parking Lot in Excellent Condition
  • Owner/User Opportunity- Vacant Unit with Month-to-Month Leases Provides Flexibility
  • Regional Market- Extremely Dense Marketplace with Over 130,000 People in 5 Miles
  • Bustling Commercial Area- First Place Drive is Home to Numerous Companies with Clientele throughout Northeast Ohio and Beyond

OVERVIEW

For sale to qualified investors is the fee simple interest a highway-adjacent flex industrial building in Bedford, Ohio. The property features multiple spaces and layout options with three 2,000 square foot spaces leased month-to-month to long-term tenants, plus one 6,000 square foot available space with a mix of office and high bay work area. Included with the sale is a cell tower lease to Crown Castle Communications with an approximate 6 year payment obligation remaining. Each unit features a 14’ bay door and 16’ ceiling height to the bottom of the joist. Heating is provided by radiant tube. The building features a concrete parking and loading area, and is located just one block from ramps to Interstate 271, allowing businesses to easily cater to customers on a regional basis. The building is ideal for either an owner/user interested in utilizing the vacant 6,000 SF space (or up to 12,000 SF), or investor interested in capitalizing on the added value to be gained through lease up of the vacancy. Due to the oversized parcel, opportunity also exists for a future owner to add additional building area on site.

FOR SALE DETAILS

PRICE

$948,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Industrial Park Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.57

LAND SF

111,949

ZONING

I-1

APN/PARCEL ID

795-46-013

ASK ABOUT THIS PROPERTY

Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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

Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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