1100 Main St Cuyahoga Falls, OH 44221-4922

Property Details for 1100 Main St

Year built

1963

Lot size

5.73 lot acres

Property size

49,421 SF

Property type

Commercial real estate

APN

02-19521

APU

219521

Description

This exceptional investment opportunity presents a fee-simple interest in a four-building industrial portfolio totaling 84,672 square feet, located at 1100 Main Street, Cuyahoga Falls, Ohio, 44221. The property boasts a 100% occupancy rate under an absolute triple-net (NNN) lease with a remaining term of 12 years, expiring October 31, 2036. The tenant, in place since 1997, occupies four buildings: Manufacturing Plant 1 (49,421 square feet), Manufacturing Plant 2 (30,547 square feet), a storage building (3,360 square feet), and a pole barn (1,344 square feet). The property features 11 overhead cranes and multiple jib cranes, essential for the tenant's manufacturing operations. Strategically located near State Route 8, I-80 (Ohio Turnpike), and the I-77/I-76 interchange, this property offers convenient access to major transportation routes, facilitating efficient distribution. The Akron submarket's strong industrial presence, with companies like Goodyear, Pepsi, GE, and GM, further enhances the investment value. This offering presents a compelling opportunity with a 7.04% cap rate and a long-term, secure lease. The property's robust infrastructure and prime location make it an attractive asset for discerning investors seeking stable, long-term income.

Location Insight

City

Cuyahoga Falls

County

Summit

State

Ohio

Longitude

-81.4871

Latitude

41.1181

CBSA code

10420

CBSA name

AKRON, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments