11595 Lincoln E Way Orrville, OH 44667-9300
This exceptional 12,460-square-foot industrial warehouse, situated on a spacious 2.63-acre lot in Orrville, Ohio, presents a significant leasing opportunity. Built in 1990, this single-story building boasts a single tenant occupancy and is currently entirely vacant, ready for immediate occupancy on December 1st, 2024. The warehouse features impressive ceiling heights ranging from 17 to 22 feet, providing ample vertical space for various industrial uses. Access is facilitated by five convenient drive-in doors. The property is equipped with robust three-phase, 1200 AMP, 480V electrical service, ensuring sufficient power for demanding operations. Two automatic on-grade doors provide efficient loading and unloading capabilities. The lease is a triple net (NNN) agreement, with a yearly rate of $1 per square foot, covering real estate taxes and insurance. The monthly rent is $6,230, plus utilities. The tenant is responsible for all utilities and snow removal. The property's address is 11595 Lincoln Way E, Orrville, OH 44667. This prime location offers easy access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution. Don't miss this chance to secure this well-equipped and strategically located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.