5453 Roan Rd.

Investment Overview

Investment Highlights

• 100% occupied multi-tenant flex — three in-place tenants across 7,200 SF provide diversified, stabilized cash flow and insulate ownership from the binary vacancy risk of a single-tenant asset
• Attractive 9.00% cap rate on $45,933 NOI — strong going-in yield relative to comparable Northwest Ohio flex and small-bay product
• Mark-to-market upside — in-place rents averaging $8.67/SF leave room to push toward market on renewal or rollover across the three units
• Functional small-bay configuration — 1,800–3,600 SF suites with grade-level loading appeal to the deep pool of local users (trades, light manufacturing, distribution, service), keeping the re-tenanting universe wide
• High-demand Sylvania location — affluent suburban submarket (avg. HH income $105K+ within 1 mile) with immediate access to I-475/U.S. 23 and the Monroe St. retail corridor
• Flexible 31-M1 Light Industrial zoning supports a broad range of permitted uses, supporting long-term tenant demand and exit optionality