This Industrial Property is no longer advertised on LoopNet.com.

355 Lake Rd
Medina, OH 44256
 100% Leased Industrial Opportunity | $97k NOI · Industrial Property For Sale

Warehouses Ohio Medina 355 Lake Rd, Medina, OH 44256

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

Property Type Industrial No. Stories 1
Property Subtype
Warehouse
  • Industrial Manufacturing
 Year Built 1974
Building Class C Clear Ceiling Height 16’
Lot Size 2.78 AC No. Dock-High Doors/Loading 4
Rentable Building Area 34,000 SF No. Drive In / Grade-Level Doors 4
Zoning I-1
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 2.78 AC
Rentable Building Area 34,000 SF
No. Stories 1
Year Built 1974
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4
Zoning I-1

Utilities

  • Heating - Gas

Property Taxes

Parcel Number 028-19C-02-010 Improvements Assessment $232,550
Land Assessment $52,420 Total Assessment $284,970

Property Taxes

Parcel Number
028-19C-02-010
Land Assessment
$52,420
Improvements Assessment
$232,550
Total Assessment
$284,970
 

  • Listing ID: 11384598

  • Date on Market: 1/26/2018

  • Last Updated:

  • Address: 355 Lake Rd, Medina, OH 44256

The Industrial Property at 355 Lake Rd, Medina, OH 44256 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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