Industrial Space Overview
This warehouse property boasts an exceptional location in Ohio's regional trade area, offering seamless access to the Cleveland and surrounding markets via State Route 8, Interstates 76, 77, and 80. The property's proximity to a skilled labor force and complementary businesses in Summit County adds to its appeal.
The property is occupied by two reputable tenants: VMI Americas, a global provider of machinery solutions for various industries, and Tyres International, which has designated this site as its North American headquarters. Recent lease extensions with both tenants through 2026/2027 ensure stable cash flow and long-term occupancy.
Furthermore, the property is offered below replacement cost, presenting a unique investment opportunity. The warehouse features a spacious 255,000 square feet with a clear height of 32 feet, ample loading docks, drive-in doors, and heavy power capabilities. Its flexible racking system, extensive storage capacity, and cross-docking capabilities cater to diverse warehousing needs.
Temperature-controlled environments are available upon request, and dedicated loading and unloading areas optimize efficiency. Amenities include a break room, restrooms, and on-site property management, while the building's modern security system ensures tenants' peace of mind.
The property's commitment to sustainability is reflected in its pending LEED certification and the incorporation of energy-efficient lighting and HVAC systems. With its strategic location, state-of-the-art facilities, and reliable tenants, this property offers a compelling investment opportunity with the potential for long-term growth.
The property is occupied by two reputable tenants: VMI Americas, a global provider of machinery solutions for various industries, and Tyres International, which has designated this site as its North American headquarters. Recent lease extensions with both tenants through 2026/2027 ensure stable cash flow and long-term occupancy.
Furthermore, the property is offered below replacement cost, presenting a unique investment opportunity. The warehouse features a spacious 255,000 square feet with a clear height of 32 feet, ample loading docks, drive-in doors, and heavy power capabilities. Its flexible racking system, extensive storage capacity, and cross-docking capabilities cater to diverse warehousing needs.
Temperature-controlled environments are available upon request, and dedicated loading and unloading areas optimize efficiency. Amenities include a break room, restrooms, and on-site property management, while the building's modern security system ensures tenants' peace of mind.
The property's commitment to sustainability is reflected in its pending LEED certification and the incorporation of energy-efficient lighting and HVAC systems. With its strategic location, state-of-the-art facilities, and reliable tenants, this property offers a compelling investment opportunity with the potential for long-term growth.
