This property is Off-Market

500 South Bailey Road
North Jackson, OH 44451 ·

209,835 SF · Industrial For Sale

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Things Remembered Distribution Center

Price N/A No. Stories 1
Building Size 209,835 SF Tenancy Single
Property Type Industrial Year Built 1997
Property Sub-type Distribution Warehouse Clear Ceiling Height 35 ft.
Property Use Type Net Lease Investment with 7 years left on lease No. Dock-High Doors/Loading 19
Cap Rate 9.57% No. Drive In / Grade-Level Doors 1
Occupancy 100% Lot Size 31.60 AC
Listing ID: 16352843 Date Created: 08/12/2009 Last Updated: 11/19/2009

Description

The Subject Property provides an Investor with a mission critical and sole distribution center for Things Remembered, a national retail company with over 600 locations. The tenant has been in the build-to-suit for over 11 years and has 7 1/2 years remaining on their lease having already extended the lease for 3 years prior to the end of the original term.

The Subject's Location at the crossroads of the Northeast and Central US makes this a perfect distribution location, particularly with its easy access to the N-S Route 80 and the E-W Route 76 within minutes of its location.

This state of the art distribution facility is of the utmost modern construction with tilt up concrete walls, 30' - 35' ceiling heights and 55' X 55' column spacing. Its 19 dock doors and 1 drive-in provide a multiple use opportunity as well as the continuing single tenant occupancy

The Subject's Location at the crossroads of the Northeast and Central US makes this a perfect distribution location, particularly with its easy access to the N-S Route 80 and the E-W Route 76 within minutes of its location.

Highlights

  • Build To Suit Completed in 1997
  • Long Term Tenant with Lease extended Until 2016
  • State of the Art Distribution Facility
  • Mission Critical and the ONLY Distribution Center for the Tenant
  • Unparalleled Location with Access to N-S Route 80 and E-W Route 76
  • First Retail Distribution Center to be Certified ISO 9001:2000

Research

500 South Bailey Road, North Jackson, OH 44451 (Mahoning County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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