Investment Overview
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.
Investment Highlights
- 40,950 SF building with 4 units
- Built in 1978, renovated in 2016
- Zoned Commercial-Commercial Warehouses
- Located in the Cleveland MSA area
- 50% occupancy - huge value-add opportunity
- Below market rents for comparable properties
- NN lease - owner responsible for structure only