4060 Technology Drive

Industrial for Sale
Also listed as Office
Catylist Listing ID: 7837045
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 33,850 SF
Gross Land Area: 7.57 Acres
Sale Price: $2,250,000
Unit Price: $66.47 PSF
Ceiling: 18 ft.
Office SF: 22,335 SF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 8/1/2017

Overview / Comments

Uninterruptable power supply - battery backup for short-term outage coupled with a natural gas backup generator for critical power needs.

Apria occupies 19,561 sf with a 10 year lease commencing Fall, 2011. They are in their option period of years 6 thru 10. Rent is $12,470.13 per month NNN.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $75,130 (Annual)
Finance Data Year 2015
Real Estate Taxes - Annual($) $71,480 (Annual)
Assessed Value - Total($) $2,911,800 (Annual)
Finance Data Year 2012
Real Estate Taxes - Annual($) $78,907 (Annual)

Additional Details

Nearest MSA: Toledo
County: Lucas
Taxing Authority: Lucas County
Tax ID/APN: 78-88719
Zoning: INDUSTRIAL OFFICE/RESEARCH DISTRICT
Property Located Between: Strayer Road and I-475
Side of Street: North
Road Type: Paved
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 33,850 SF
Property Condition: Excellent
Year Built: 2004
Year Renovated: 2011
Roof Type: Other
Exterior Description: Block/Prefab Metal
Parking Type: Surface
Total Parking Spaces: 120
Overhead Cranes: Undisclosed
Amps: 800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Zoning Description: Industrial Office/Research District
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,615 45,900 119,711
Median Age: 43.46 40.56 39.63
Households: 1,615 19,195 50,096
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