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Allen Rd
Stow, OH 44224
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Regional Trade Area – the property is located between the Akron and NE Ohio, providing excellent access to all the Cleveland and surrounding markets.
  • Corporate HQ for Tyres International – Tyres has been at the site since 2019 and considers this the North American HQ for the firm.
  • Lease Term – The property provides an investor with minimum term on both tenants through 2026/2027 providing a stable and long-term cash flow
  • VMI Americas, an international firm focusing on providing innovative and high-tech machinery and solutions for the rubber, tire and beverage cans.
  • Leasing Momentum – Recent lease extension with Tyres international through 2026, as well as a brand-new office buildout and term through 2027 on VMI.
  • Below Replacement Cost – the property is being offered significantly below replacement cost, providing a new owner with the opportunity

PROPERTY FACTS

Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 4.00 AC
Rentable Building Area 81,281 SF
No. Stories 2
Year Built/Renovated 1973/1995
Tenancy Single
Clear Ceiling Height 25’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 2
Zoning Industrial

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 56-05423
  • 56-05424
Land Assessment
$126,000
Improvements Assessment
$664,885
Total Assessment
$790,885
  • Listing ID: 29059106

  • Date on Market: 7/20/2023

  • Last Updated:

  • Address: Allen Rd, Stow, OH 44224

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