2021- 2035 Midway Drive
$2,900,000
2021- 2035 Midway Drive, Twinsburg, OH 44087
40,950 sqft
Building Size
4.02 acres
Lot Area
Details:
Highlights:
- 40,950 SF building with 4 units
- Built in 1978, renovated in 2016
- Zoned Commercial-Commercial Warehouses
- Located in the Cleveland MSA area
- 50% occupancy - huge value-add opportunity
- Below market rents for comparable properties
- NN lease - owner responsible for structure only
Description:
Introducing 2021-2035 Midway Dr, Twinsburg, a prime commercial property tailored for industrial and distribution investment. Boasting a 40,950 SF, four-unit building, this well-maintained space offers a perfect investment opportunity. Originally built in 1978 and thoughtfully renovated in 2016, it stands proudly in the Commercial-Commercial Warehouses zone, strategically placed in the Cleveland MSA area. Currently at 50% occupancy, this property provides a buyer a huge value-add proposition to receive market rents allowing to potentially achieve a double-digit cap rate. Rent roll and pro forma financials available upon request.
Strategically situated in the thriving Cleveland MSA, the area surrounding Midway Industrial offers an attractive landscape for industrial and distribution ventures. Proximity to major transportation arteries like I-480 and I-271 ensures seamless logistical access, optimizing supply chain efficiencies. The location also benefits from a strong industrial market with a diverse tenant base, reflecting the area's resilience and potential for investment growth. Nearby amenities such as restaurants, hotels, and retail centers provide convenience for employees and visitors alike. With a rich industrial heritage and a forward-looking business environment, the Cleveland MSA presents an appealing backdrop for commercial success.
Documents:
| Title | ||
|---|---|---|
| Brochure__P_.pdf |
Location
Gallery
