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711 E Twinsburg Rd, Northfield, OH, 44067

711 E Twinsburg Rd
$1,500,000

Key Information

Cap Rate
10.35%
$ per SF
$64
Tot. SF
23,291
Year Built
1994
Type
Industrial
NOI
$155,085

Highlights

  • Immediate Cash Flow with Strong Lease Commitments: The asset offers an attractive in-place yield from day one, underpinned by recently executed two-year leases that comprise the majority of the rent roll, providing stable and predictable income through near-term hold.
  • Fully Stabilized with Diverse Tenant Base: The property is currently 100% occupied, reflecting strong tenant demand. The flex industrial park features a well-balanced mix of tenants, supporting income durability and minimizing exposure to any single occupant.
  • Efficient Utility Management for Reduced Landlord Expenses: Each unit is separately metered for gas and electric, allowing tenants to cover their own utility usage and significantly reducing ongoing operating expenses for ownership.
  • Compelling Basis Relative to Replacement Cost: This offering represents a rare opportunity to acquire a multi-tenant industrial complex at a price point well below current replacement cost, delivering immediate value and long-term upside potential.
  • Prime Location with Strong Surrounding Retail Amenities: The property benefits from a strategic location within five miles of major national retailers including Costco, Bass Pro Shops, and Giant Eagle Grocery, enhancing tenant convenience and marketability.

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113