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2035 Midway Dr 40,950 SF 76% Leased Industrial Building Twinsburg, OH 44087 $2,900,000 ($70.82/SF) 9.88% 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. CAP rate shown is proforma CAP rate with all suites leased at market rent. 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 |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
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$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 | 1978 |
| Cap Rate | 9.88% | 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 | 9.88% |
| 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 | 1978 |
| 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
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99,999 SF
-
$9.99
-
Lorem Ipsum
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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 | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl - 2035 A
- 10,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 2035 A | 10,000 SF | Industrial | - | Now |
1st Fl - 2035 A
| Size |
| 10,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
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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Videos
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Photos
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Street
Map
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2035 Midway Dr
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