1200 Century Cir N
Springdale, OH 45246
Transtar Industries - Ohio · Industrial Property For Sale

Marcus & Millichap is pleased to present to the market the Ohio Transtar Industrial Building, a single tenant, triple-net leased industrial building. The Ohio Transtar Industrial Building is strategically located in a northwestern suburb of Cincinnati called Springdale, Ohio, inside the I-275 and I-75 intersection, otherwise known as the Tri-County Area. The City of Springdale is located in northern Hamilton County, approximately twenty miles from downtown Cincinnati. Bisected by Interstate-275 and bordered by Interstate-75, it is the home of a highly developed commercial/industrial community, as well as stable, well maintained residential neighborhoods. The Ohio Transtar Industrial Building is 100% occupied by Transtar Industries, with a fresh five-year triple-net lease. Founded in 1975, Transtar Industries has grown to a global supplier of products related to the transmission and driveline, with more than 100 locations and distributed to more than 80 countries. The subject property is a 28,600 square foot industrial building, sitting on almost 3 acres, with 20-foot-high ceilings, making it an ideal property for any industrial tenant. Priced at $1,660,000 at an 8.24% cap rate, the Transtar Industrial Building provides a buyer the opportunity to acquire a highly demanded asset type, with a long-term tenant, stable cash flow, and annual rental increases, at a great value.