6750 Wales Rd, Northwood, OH
Three adjoining industrial buildings with credit tenant near I-75.
- Added:
- Mar 18, 2025
- Days on Market:
- 460
- Last Refresh:
- May 20 at 8:37 pm
Property Features for 6750 Wales Rd
General Information
- Standard status
- Active
- Size
- 213,687 SF
- Lot size
- 22.80 Acres
- Property subtype
- INDUSTRIAL
Listing agent Peter Shawaker License #SAL.2020002257 (419) 794-3969
Listing office Reichle | Klein Group (419) 794-3969
Listing date Mar 18, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Reichle | Klein Group
HighLights
- Single, credit tenant lease
- Located within 1 mile of I‑75
- Expansive 21‑acre property
- Three adjoining buildings
- Tenant with 55+ years of history
- Tenant with 1500 associates worldwide
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.03M | $9.48 |
| − Vacancy | −$168.1k | −$0.79 |
| EGI | $1.86M | $8.69 |
| − OpEx | −$278.6k | −$1.30 |
| NOI | $1.58M | $7.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Northwood
- County
- Wood
- State
- Ohio
- Longitude
- -83.5249
- Latitude
- 41.6085
