NN Lease Industrial & Warehousing

2021-2035 Midway Dr Twinsburg, OH 44087

2021-2035 Midway Dr, Twinsburg, OH, 44087
2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087 2021-2035 Midway Dr, Twinsburg, OH, 44087
FOR SALE
Property Type:
Warehouse
Amount:
$2,900,000
Last Verified:
Jun 21, 2024

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Highlights

  • - 40,950 SF building with 4 units
  • - Built in 1978, renovated in 2016
  • - Zoned Commercial-Commercial Warehouses
  • - Located in the Cleveland MSA area
  • - 100% occupancy
  • - Below market rents for comparable properties
  • - NN lease - owner responsible for structure only

Description

Introducing 2021-2035 Midway Dr, Twinsburg, a prime commercial property tailored for industrial and distribution investment. Boasting a 40,950 SF, four-unit building, this well-maintained space offers a perfect investment opportunity. Originally built in 1978 and thoughtfully renovated in 2016, it stands proudly in the Commercial-Commercial Warehouses zone, strategically placed in the Cleveland MSA area. Currently at full occupancy, this property promises a seamless transition into the world of commercial real estate, providing a solid foundation for success.

Strategically situated in the thriving Cleveland MSA, the area surrounding Midway Industrial offers an attractive landscape for industrial and distribution ventures. Proximity to major transportation arteries like I-480 and I-271 ensures seamless logistical access, optimizing supply chain efficiencies. The location also benefits from a strong industrial market with a diverse tenant base, reflecting the area's resilience and potential for investment growth. Nearby amenities such as restaurants, hotels, and retail centers provide convenience for employees and visitors alike. With a rich industrial heritage and a forward-looking business environment, the Cleveland MSA presents an appealing backdrop for commercial success.


Year Built: 1978
Building Size: 40950sq ft
Lot Size: 4.02 acres

Map of 2021-2035 Midway Dr, Twinsburg, OH, 44087

Presented by:
Coldwell Banker SCHMIDT Realtors

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Wes Purvis


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.