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2035 Midway Dr 40,950 SF 100% Leased Industrial Building Twinsburg, OH 44087 $2,900,000 ($70.82/SF) 12.07% Cap Rate
INVESTMENT HIGHLIGHTS
- 40,950 SF building with 4 units
- Zoned Commercial-Commercial Warehouses
- 50% occupancy - high value-add potential
- Built in 1978, renovated in 2016
- Located in the Cleveland MSA area
- NN lease - owner responsible for structure only
EXECUTIVE SUMMARY
Introducing 2021-2035 Midway Dr, Twinsburg, a prime commercial property tailored for industrial and distribution investment. Boasting a 40,950 SF, four-unit building, this well-maintained space offers a perfect investment opportunity. Originally built in 1978 and thoughtfully renovated in 2016, it stands proudly in the Commercial-Commercial Warehouses zone, strategically placed in the Cleveland MSA area. Currently at 50% occupancy, this property provides a buyer a huge value-add proposition to receive market rents allowing to potentially achieve a double-digit cap rate. Rent roll and pro forma financials available upon request.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,900,000 | Rentable Building Area | 40,950 SF |
| Price Per SF | $70.82 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1978/2016 |
| Cap Rate | 12.07% | Parking Ratio | 0.61/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 4.02 AC | ||
| Zoning | I-2 - Flex, Warehouse, Manufacturing | ||
| Price | $2,900,000 |
| Price Per SF | $70.82 |
| Sale Type | Investment |
| Cap Rate | 12.07% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.02 AC |
| Rentable Building Area | 40,950 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1978/2016 |
| Parking Ratio | 0.61/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - Flex, Warehouse, Manufacturing |
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Fleet First
- Transportation and Warehousing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Motowerk
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Fleet First | Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Motowerk | - | 99,999 SF | $9.99 | Lorem Ipsum | - |
1 1
PROPERTY TAXES
| Parcel Number | 64-03002 | Improvements Assessment | $371,294 (2025) |
| Land Assessment | $87,724 (2025) | Total Assessment | $459,018 (2025) |
PROPERTY TAXES
Parcel Number
64-03002
Land Assessment
$87,724 (2025)
Improvements Assessment
$371,294 (2025)
Total Assessment
$459,018 (2025)
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2035 Midway Dr
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