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964 Benton Rd 72,500 SF Industrial Building Salem, OH 44460 $6,491,028 CAD ($89.53 CAD/SF) 7.74% Cap Rate

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EXECUTIVE SUMMARY

Investor and/or User! Situated on 15.17 acres with full public utilities, this 72,500 SF Industrial Facility was initially built in 1977 (with major additions in 1994 and 1999) is currently under lease with a National Tenant. The facility includes 4,000 SF of office area and 68,500 SF of warehouse/distribution area. The office area includes multiple individual offices and an open center support area. The warehouse/distribution area includes polished concrete floors, up to 24' of clear ceiling ht., 11 dock doors with levelers, and is fully sprinklered. Specific lease terms can be shared upon the execution of a CA/NDA. Call Scott Thompson, Managing Director of KW Commercial for additional information or to schedule a tour @ (330) 671-6331.

PROPERTY FACTS

Price $6,491,028 CAD
Price Per SF $89.53 CAD
Sale Type Investment or Owner User
Cap Rate 7.74%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 15.17 AC
Rentable Building Area 72,500 SF
No. Stories 1
Year Built 1977
Tenancy Single
Parking Ratio 1.37/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 11
No. Drive In / Grade-Level Doors 2
Zoning Industrial - (M-2) - General Industrial District (M-2)

UTILITIES

  • Lighting
  • Gas
  • Water
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • National Auto Parts Manufacturer
  • Transportation and Warehousing
  • 72,500 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
National Auto Parts Manufacturer Transportation and Warehousing 72,500 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5107571000
  • 5107524003
  • 5005796000
  • 5005796002
  • 5107571002
Land Assessment
$90,926 CAD
Improvements Assessment
$748,030 CAD
Total Assessment
$838,957 CAD
  • Listing ID: 36798497

  • Date on Market: 2025-07-18

  • Last Updated:

  • Address: 964 Benton Rd, Salem, OH 44460

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