361 D Street

Industrial for Sale
Catylist Listing ID: 30366078
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 105,120 SF
Gross Building Area: See Agent
Gross Land Area: 7.37 SF
Sale Price: $5,200,000
Unit Price: $49.47 PSF
Ceiling: 38 ft. / 29 ft. Clear
Drive In Bays: 6 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 10/22/2019

Overview / Comments

Drive-thru bay and Cranes: 5 – 20 ton.

Average NOI: $400,000 (approx.) avg. over current 80 month lease term

Improvements:
Office area – Complete remodel including carpeting, vinyl flooring, ceiling tiles, LED lights.
Warehouse – Motion activated LED lights throughout. Creation of internal laydown area containing upgraded concrete thickness.
Cranes – Improvements to 7 overhead cranes, capacities range from 5 to 20 tons, some improvements extensive.
Yard area – complete rework of yard, creating a steel laydown area, including adding drainage and progressive grades of stone base.

Additional Details

Nearest MSA: Toledo
County: Wood
Taxing Authority: Wood County
Tax ID/APN: P57-300-250001020000
Zoning: GENERAL INDUSTRIAL
Property Located Between: Buck Road and 4th Street
Side of Street: East
Road Type: Paved
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1975
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Exterior Walls: Block Structural System: Steel Roof: Insulated & pitched Floors: Concrete Floor Coverings Tile in office area
Parking Type: Surface
Total Parking Spaces: 30
Overhead Cranes: 8
Sprinklers: None
Amps: 1,200
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Radiant
Air Conditioning: Other
Zoning Description: General Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,045 34,891 144,348
Median Age: 35.38 39.04 36.7
Households: 1,693 14,568 58,955
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