Property Description
Prime Multi-Tenant Industrial Investment Opportunity in Montville Township! This highly functional industrial complex offers immediate stable cash flow with exceptional value-add potential. A diverse, income-producing asset featuring four massive drive-in bays (ranging from 900 to 7,800 SQFT) and 5,100 SQFT of dual-floor corporate office space. The property features a strong, diversified tenant mix with one large owner-occupied space that could be used for an additional tenant. Cap rate would be significantly increased by leasing the current owner-occupied space which is not producing any rent. Landlord overhead is kept exceptionally low: leases require tenants to manage their own interior HVAC/plumbing maintenance, while shared utilities are submetered or prorated. Zoning allows for many uses ranging from light industrial to commercial to specific retail businesses. Perfect for an investor looking for a low-management, inflation-resistant asset or an owner-user wanting future expansion space. Do not miss out on this dominant regional footprintâ??call today for the full offering memorandum, current cap rate, and rent rolls.
Property Features
Feature Descriptions
Local Schools
Listed By / Sold By
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Phone: 440-255-5500
Shown By
Agent Name: Phillip Mastroianni
Agent Phone: (330) 499-8153
Agency Title: DeHOFF REALTORS
Sold By
Agency Name: The Shores Realty Co.
Agency Phone: 440-223-8582
Agent Name: Bruce R Warring
