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Industrial Park Building 7761 1st Pl 12,000 SF 100% Leased Industrial Building Oakwood Village, OH 44146 $1,301,689 CAD ($108.47 CAD/SF)



Investment Highlights
- Excellent Location - One Block from Interstate 271 Provides Regional Access
- Excellent Site Attributes- Block Building with Concrete Parking Lot in Excellent Condition
- Regional Market- Extremely Dense Marketplace with Over 130,000 People in 5 Miles
- Rare Cell Tower Lease- Opportunity for Owner/User to Collect Cell Tower Rent
- Owner/User Opportunity- Vacant Unit with Month-to-Month Leases Provides Flexibility
- Bustling Commercial Area- First Place Drive is Home to Numerous Companies with Clientele throughout Northeast Ohio and Beyond
Executive Summary
For sale to qualified investors is the fee simple interest a highway-adjacent flex industrial building in Bedford, Ohio. The property features multiple spaces and layout options with three 2,000 square foot spaces leased month-to-month to long-term tenants, plus one 6,000 square foot available space with a mix of office and high bay work area. Included with the sale is a cell tower lease to Crown Castle Communications with an approximate 6 year payment obligation remaining. Each unit features a 14’ bay door and 16’ ceiling height to the bottom of the joist. Heating is provided by radiant tube. The building features a concrete parking and loading area, and is located just one block from ramps to Interstate 271, allowing businesses to easily cater to customers on a regional basis. The building is ideal for either an owner/user interested in utilizing the vacant 6,000 SF space (or up to 12,000 SF), or investor interested in capitalizing on the added value to be gained through lease up of the vacancy. Due to the oversized parcel, opportunity also exists for a future owner to add additional building area on site.
Property Facts
| Price | $1,301,689 CAD | Rentable Building Area | 12,000 SF |
| Price Per SF | $108.47 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1999 |
| Property Type | Industrial | Parking Ratio | 1.67/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 2.57 AC | ||
| Zoning | I-1 | ||
| Price | $1,301,689 CAD |
| Price Per SF | $108.47 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.57 AC |
| Rentable Building Area | 12,000 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 1.67/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | I-1 |
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Property Taxes
| Parcel Number | 795-46-013 | Improvements Assessment | $206,746 CAD |
| Land Assessment | $66,032 CAD | Total Assessment | $272,778 CAD |
Property Taxes
Parcel Number
795-46-013
Land Assessment
$66,032 CAD
Improvements Assessment
$206,746 CAD
Total Assessment
$272,778 CAD
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Industrial Park Building | 7761 1st Pl
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