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Pull-A-Part / Stein Ind Park
1515 Belden Ave SE, Canton, OH 44707
6,350 SF | Industrial
Industrial Property - Off Market
- Building Size:
- 6,350 SF
- Property Type:
- Property Sub-type:
- Industrial-Business Park
- Property Use Type:
- Net Lease Investment with
- 10+ years left on lease
- Commission Split:
- Cap Rate:
- No. Stories:
- Year Built:
- Clear Ceiling Height:
- 12 ft.
- Drive In/Grade-Level Doors:
- Lot Size:
- 14.50 AC
- Listing ID
- Last Updated
- 270 days ago
This is the perfect income property for a 1031 Exchange. Twenty (20) year triple net lease generating $252,750 per year!
That is an 8.5% cap rate.
Pull-A-Part is the anchor tenant in the Stein Industrial Park. Four (4) other businesses are located here. There are six (6) lots zoned heavy industrial with utilities available at $40,000 per acre.
Twenty (20) year, triple net lease thru 2029 at $21,062.50/month. Pull-A-Part is an Atlanta based firm in the used auto parts recycling business. Twenty-three locations including Akron and Cleveland, Ohio.
Tenant reimburses Landlord for Real Estate Taxes & Pays all Expenses.
Located in Canton, OH the Stein Industrial Park is a sixty (60) acre development , home to five (5) businesses including Hydrodec, Hi Tech Testing, Absolute Auto-Truck Technicians, I2R Cabling,
The industrial park is a joint effort of the City of Canton and private developers. Six lots with utilities remain available at $40,000 per acre. Just 1 Mile East of I-77 off Rt. 30.
Map of 1515 Belden Ave SE, Canton, OH 44707 (Stark County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P