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2035 Midway Dr 40,950 SF 51% Leased Industrial Building Twinsburg, OH 44087 $3,997,650 CAD ($97.62 CAD/SF) 12.07% Cap Rate
INVESTMENT HIGHLIGHTS
- 40,950 SF building with 4 units
- Zoned Commercial-Commercial Warehouses
- 50% occupancy - high value-add potential
- Built in 1978, renovated in 2016
- Located in the Cleveland MSA area
- NN lease - owner responsible for structure only
EXECUTIVE SUMMARY
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.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,997,650 CAD | Rentable Building Area | 40,950 SF |
| Price Per SF | $97.62 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1978/2016 |
| Cap Rate | 12.07% | Parking Ratio | 0.61/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 4.02 AC | ||
| Zoning | I-2 - Flex, Warehouse, Manufacturing | ||
| Price | $3,997,650 CAD |
| Price Per SF | $97.62 CAD |
| Sale Type | Investment |
| Cap Rate | 12.07% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.02 AC |
| Rentable Building Area | 40,950 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1978/2016 |
| Parking Ratio | 0.61/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - Flex, Warehouse, Manufacturing |
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Electric
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Fleet First
- Transportation and Warehousing
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Motowerk
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Fleet First | Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Motowerk | - | 99,999 SF | $9.99 | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl - 2035 A
- 10,000 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 2035 A | 10,000 SF | Industrial | - | Now |
1st Fl - 2035 A
| Size |
| 10,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 64-03002 | Improvements Assessment | $507,856 CAD (2025) |
| Land Assessment | $119,989 CAD (2025) | Total Assessment | $627,845 CAD (2025) |
PROPERTY TAXES
Parcel Number
64-03002
Land Assessment
$119,989 CAD (2025)
Improvements Assessment
$507,856 CAD (2025)
Total Assessment
$627,845 CAD (2025)
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2035 Midway Dr
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