451 Coshocton St Johnstown, OH 43031-9010

This exceptional Class A industrial property, located at 451 E Coshocton St, Johnstown, OH 43031, presents a compelling investment opportunity. The 125,500 square foot manufacturing facility sits on a 13.03-acre lot and boasts a 28-foot ceiling height, nine loading docks, and four dock-high doors. Built in 1989 and extensively renovated in 2023, the single-story building is currently 100% occupied by a national tenant under a net lease agreement with a corporate guarantee, providing exceptional financial stability. The property benefits from a 10-year, 100% tax abatement on a recent 75,000 square foot addition, further enhancing its investment appeal. The asking price is $12,600,000, representing a compelling $100.40 per square foot and a 7.00% cap rate. The property is zoned M and offers significant potential for long-term growth and return. The tenant's long history (over 160 years) and the strong lease terms make this a truly exceptional investment opportunity in a prime Ohio location. The occupancy date is June 13, 2023.