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1035 Industrial Parkway

Broker:James Gerspacher, CCIM, Gerspacher Real Estate Group
Phone:330.472.4241
Email:Jim@GerspacherGroup.com
Website:http://www.gerspachergrou...
Property Type:Industrial Manufacturing, Warehouse, Office
Address:1035 Industrial Parkway
Medina, OH 44256
Sale / Lease:Sale
Total area of building:27,102 sq. ft.
Total area of office space:6,012 sq. ft.
Size of Site:3.22 acres
Document: 1035 Industrial Parkway Brochure Sale.pdf
Description:

Property Description: 1035 Industrial Parkway is located in the City of Medina Industrial Park. It is a 27,012 SF office and warehouse building on 3.22 acres. The property is zoned I-1 Industrial, has 30 parking spaces, and can accommodate trailer parking. The steel and frame building was constructed in 1970 and includes a 6,012 SF office area and a 19,200 SF warehouse which includes an 1,800 SF mezzanine office. The building has a wet sprinkler system and an ADT alarm system.

The buildingis fullleased for eight-years to ABC Suppply, Inc. It is a NN lease with 7% CAP rate.  Net income of $117,600 annually with 2% annual increases

  Location Description:  1035 Industrial Parkway is located south of Lafayette Road (US-42), and west off of Lake Road on Industrial Parkway in the Medina Industrial Park, in the City of Medina, Medina County, Northeast Ohio. The industrial park is on the southwest side of the city, and is just 2.8 miles from the Medina Square. This location is approximately seven miles from both the I-71 at SR-18 interchange in Medina and the I-76 at SR-3 Interchange in Seville.  This give one easy access to Cleveland, Columbus, Akron, Canton, the Ohio Turnpike, I-77, Cleveland Hopkins Airport and the Akron Canton Airport

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