4288 Armstrong Blvd Batavia, OH 45103
This Batavia, Ohio industrial property offers a compelling sale-leaseback opportunity. The 150,279-square-foot manufacturing and warehouse facility, built in 1990 and renovated in 2017, sits on a 7.38-acre lot at 4288 Armstrong Blvd, Batavia, OH 45103. Currently 100% occupied by a single tenant under an absolute triple-net (NNN) lease, the property boasts a strong 8.10% cap rate and a substantial net operating income (NOI) of $939,243. The asking price is $11,595,592. The lease features 2.0% annual rent bumps and flexible options including 4, 5-year or 2, 10-year terms. The building includes 13 loading docks and a 22-foot ceiling height. The tenant, with over 65 years of operating history, serves the aerospace and defense industries, specializing in assembly and precision components, having invested over $13 million in on-site manufacturing equipment. This mission-critical facility benefits from its location in the robust Cincinnati industrial market and offers long-term, secure income with no landlord responsibilities. The sale includes the existing tenant's lease.
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American Micro Products Inc. Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.