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2025 E 4th St 50,088 SF 100% Leased Flex Building Lima, OH 45804 $3,500,000 ($69.88/SF) 12.50% Cap Rate
Investment Highlights
- Great Location in Lima, Ohio with access to Interstate 75, a major thoroughfare for Northwest and Western Ohio.
- 100% Leased with three very strong and well established tenants, two of which have a long history in the building.
- 23k sf of prime office space available for occupancy as of June 2025
- Great Visibility on East 4th Street with over 13,500 VPD
- Located 78 miles south of Toledo and 83 Miles north of Dayton in a prime location.
Executive Summary
Introducing a unique investment opportunity or future home of your business along I-75 in Lima, Ohio. This 50,088 SF Flex Building at 2025 E 4th St is strategically located on Interstate 75, a major thoroughfare for Northwest and Western Ohio. Its location, 78 miles south of Toledo and 83 miles north of Dayton, positions it as a prime spot in the region. The property will have 23,000 SF of prime office / flex space come available as of June 2025. The other portions of the building are leased with two well-established tenants, S.S.O.E Inc., and Eagle Mark 4 companies, providing a steady income stream of over $14,000/mo. The building’s visibility on East 4th Street, with over 13,500 vehicles per day, offers great exposure for businesses operating within.
The property is nestled in a vibrant community, with the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants. The potential for expansion is unique, given the limited availability of properties in this area. As a Flex Building, this property offers versatility to accommodate a variety of uses, from office space to research and development, to showrooms and warehouse/distribution. This adaptability, coupled with its strategic location, strong tenant base, and high visibility, makes it an attractive prospect for investors.
The property is nestled in a vibrant community, with the Eastgate of Lima nearby, home to a majority of the area’s hotels and major chain restaurants. The potential for expansion is unique, given the limited availability of properties in this area. As a Flex Building, this property offers versatility to accommodate a variety of uses, from office space to research and development, to showrooms and warehouse/distribution. This adaptability, coupled with its strategic location, strong tenant base, and high visibility, makes it an attractive prospect for investors.
Property Facts
| Price | $3,500,000 | Rentable Building Area | 50,088 SF |
| Price Per SF | $69.88 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1967 |
| Cap Rate | 12.50% | Parking Ratio | 0.4/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 14’ |
| Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 12.73 AC | ||
| Zoning | Commercial - Designed to support various business activities, ranging from small retail shops to large office complexes. | ||
| Price | $3,500,000 |
| Price Per SF | $69.88 |
| Sale Type | Investment |
| Cap Rate | 12.50% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 12.73 AC |
| Rentable Building Area | 50,088 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Commercial - Designed to support various business activities, ranging from small retail shops to large office complexes. |
Amenities
- Storage Space
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 47-05-00-04-003.001 | Improvements Assessment | $320,180 |
| Land Assessment | $98,490 | Total Assessment | $418,670 |
Property Taxes
Parcel Number
47-05-00-04-003.001
Land Assessment
$98,490
Improvements Assessment
$320,180
Total Assessment
$418,670
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2025 E 4th St
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