Industrial Space Overview
Sands Investment Group proudly presents an exclusive opportunity to acquire a remarkable 115,300 square foot warehouse situated on a 4.80-acre site at 3444 North Summit Street in Toledo, Ohio. This premium property boasts institutional power capabilities, making it ideal for businesses looking to scale their operations.
Currently, the warehouse is leased on a short-term basis at 20% below market rent, providing investors with immediate cash flow while they reposition and re-tenant the property. This strategic move creates substantial upside potential by aligning the rent with market rates, which can result in a significant increase in value.
The warehouse features a spacious warehouse area of 100,000 square feet, complemented by 20,000 square feet of office space. The clear-span layout, 30-foot ceiling height, and 12 dock-high loading bays with levelers ensure efficient and seamless operations. Two drive-in entrances further enhance access and convenience.
The property's interior amenities include energy-efficient LED lighting, a sprinkler system throughout, central heating and air conditioning, and separate temperature controls for the loading dock and warehouse areas. Two restrooms, one equipped with showers, provide additional convenience for employees.
Outside, the well-maintained landscaping, paved and fenced parking lot, and ample storage space create a professional and functional work environment. Easy access to major highways, a highly desirable industrial area, and proximity to a skilled workforce further enhance the location's benefits.
Additional amenities include high-speed internet connectivity, a security system, a break room with a kitchenette, and ample storage space. Please note that property taxes and insurance are not included in the rental or purchase price. Lease terms and purchase options are subject to negotiation. The property is available for immediate occupancy.
Currently, the warehouse is leased on a short-term basis at 20% below market rent, providing investors with immediate cash flow while they reposition and re-tenant the property. This strategic move creates substantial upside potential by aligning the rent with market rates, which can result in a significant increase in value.
The warehouse features a spacious warehouse area of 100,000 square feet, complemented by 20,000 square feet of office space. The clear-span layout, 30-foot ceiling height, and 12 dock-high loading bays with levelers ensure efficient and seamless operations. Two drive-in entrances further enhance access and convenience.
The property's interior amenities include energy-efficient LED lighting, a sprinkler system throughout, central heating and air conditioning, and separate temperature controls for the loading dock and warehouse areas. Two restrooms, one equipped with showers, provide additional convenience for employees.
Outside, the well-maintained landscaping, paved and fenced parking lot, and ample storage space create a professional and functional work environment. Easy access to major highways, a highly desirable industrial area, and proximity to a skilled workforce further enhance the location's benefits.
Additional amenities include high-speed internet connectivity, a security system, a break room with a kitchenette, and ample storage space. Please note that property taxes and insurance are not included in the rental or purchase price. Lease terms and purchase options are subject to negotiation. The property is available for immediate occupancy.
