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    1571 Gressel Dr Delphos, OH 45833

    Sponsored
    For Sale
    $6,200,000

    Net-leased warehouse, strong tenant.

    Property size:
    36,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a 36,616-square-foot, net-leased industrial warehouse located at 1571 Gressel Dr, Delphos, OH 45833, in Allen County. The property, built in 2010, boasts a 42-foot ceiling height, one loading dock, and ten dock-high doors. Currently 100% occupied by a single tenant under a net lease agreement, this property offers a compelling 6.16% cap rate at an asking price of $6,200,000 ($169.32/sq ft). The lease, commencing June 1, 2022, has eight years remaining with two five-year renewal options and a 3% annual rent escalation. The tenant, HydroFresh HPP Ltd., is guaranteed by Universal Pure, a major North American provider of high-pressure processing and cold chain solutions. This presents a rare opportunity to acquire a freezer/cooler industrial building with minimal landlord responsibilities and a strong, nationally recognized tenant in a robust economic area. The property features one building on a single unit, with the APN 25-2000-02-003.006. This is a truly exceptional net triple-net (NNN) investment opportunity with significant long-term potential.

    Property Features for 1571 Gressel Dr

    General Information

    Property type
    Manufacturing properties
    Square Feet
    36,616 SF

    Building Details

    Year Built
    2010
    Buildings
    1
    Units
    1

    HighLights

    • Rare NNN freezer/cooler investment opportunity.
    • Guaranteed by Universal Pure, a major national tenant.
    • Located in the strong economic area of Allen County, OH.
    • Eight‑year lease remaining with two five‑year options.
    • 3% annual rent escalations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hydrofresh HPP Food Processing Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delphos
    County
    Allen
    State
    Ohio
    Longitude
    -84.3194001
    Latitude
    40.8549435

    Nearby Comparable

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    Nearby Similar for Sale

    • $6,200,000
      36,616 SF

      Net Lease Freezer/Cooler Investment

      Net lease freezer/cooler industrial building leased to HydroFresh HPP Ltd.
      1571 Gressel Dr, Delphos, OH 45833
      View Details
    • $4,900,000
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      Delphos Industrial Building For Sale

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      Delphos Bowling Alley Investment Opportunity

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    FAQs

    What type of property is this?
    Manufacturing property - Net-leased warehouse, strong tenant.
    Where is this manufacturing property located?
    The property is located at 1571 Gressel Dr Delphos, OH.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: Rare NNN freezer/cooler investment opportunity.; Guaranteed by Universal Pure, a major national tenant.; Located in the strong economic area of Allen County, OH.
    Request Owner's contact information
    1571 Gressel Dr Delphos, OH 45833
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1571 Gressel Dr Delphos, OH 45833
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