355 Lake Rd | Medina, OH 44256
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- LoopNet Team
355 Lake Rd
Medina, OH 44256
100% Leased Industrial Opportunity | $97k NOI · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Fully Leased Two Tenant Industrial Opportunity: 85% leased to Integrity Metal a tenant who has been at the space for nearly 20 years.
- Strategic Placement in Warehousing Region: The Property is located in close proximity to Cleveland Hopkins International Airport, Akron-Canton Airport
- New ownership will have the ability to acquire a cash flowing ($97,329 NOI) asset at high-yield double digit pricing expec
- Flexibility: The largest tenant is on a month to month lease giving ownership the flexibility to use the space, or to renew as a long term investment.
- Docks and Drive-In Doors: The building is in excellent condition and includes 4 loading docks and 4 drive-in doors.
PROPERTY FACTS
UTILITIES
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 028-19C-02-010 | Improvements Assessment | $234,270 |
| Land Assessment | $36,980 | Total Assessment | $271,250 |
PROPERTY TAXES
Parcel Number
028-19C-02-010
Land Assessment
$36,980
Improvements Assessment
$234,270
Total Assessment
$271,250
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