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704 Warren Ave 18,309 SF Industrial Building Niles, OH 44446 $1,790,503 CAD ($97.79 CAD/SF) 11% Cap Rate
EXECUTIVE SUMMARY
INVESTMENT ONLY
Great tenant under lease plus extensions
NN Lease with minimal LL responsibility a current 11% cap rate plus 10% escalators in 2 years
SOLID tenant with patented technology and defense contracts
Building in great condition, super clean process
Multiple cranes and great lighting throughout
Great tenant under lease plus extensions
NN Lease with minimal LL responsibility a current 11% cap rate plus 10% escalators in 2 years
SOLID tenant with patented technology and defense contracts
Building in great condition, super clean process
Multiple cranes and great lighting throughout
PROPERTY FACTS
| Price | $1,790,503 CAD | Lot Size | 0.83 AC |
| Price Per SF | $97.79 CAD | Rentable Building Area | 18,309 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 11% | Year Built/Renovated | 1969/1989 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Price | $1,790,503 CAD |
| Price Per SF | $97.79 CAD |
| Sale Type | Investment |
| Cap Rate | 11% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.83 AC |
| Rentable Building Area | 18,309 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/1989 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- 24 Hour Access
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 25-721152 | Improvements Assessment | $170,958 CAD |
| Land Assessment | $10,079 CAD | Total Assessment | $181,037 CAD |
PROPERTY TAXES
Parcel Number
25-721152
Land Assessment
$10,079 CAD
Improvements Assessment
$170,958 CAD
Total Assessment
$181,037 CAD
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704 Warren Ave
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