4901 Urbana Rd Springfield, OH 45502-9069

This exceptional 33,808-square-foot manufacturing facility, located at 4901 Urbana Rd, Springfield, Ohio 45502, presents a compelling sale-leaseback opportunity. The property, classified as Class C industrial, boasts a strong credit tenant, Tool Tech, LLC, which has occupied the space since 1985. The asking price is $2,000,000, translating to a price per square foot of $59.16 and a desirable 7.25% capitalization rate. Built in 1985, the building sits on a 4.24-acre lot and is zoned for light manufacturing, providing ample space and flexibility. The facility features a ceiling height ranging from 16 to 20 feet, allowing for efficient use of vertical space. Two loading docks and one dock-high door ensure smooth and efficient material handling. The property also offers outdoor storage, and the column spacing is 25 feet. The sale includes a 15-year sale-leaseback agreement with strong lease terms, providing a secure and long-term income stream for the investor. The property's strategic location just north of I-70 offers excellent access to major transportation routes, enhancing its logistical advantages. This is an ideal investment for those seeking a stable, income-generating asset with a strong tenant and favorable lease terms in a prime industrial location.