47,395/SF Industrial Investment Property

Industrial for Sale
Catylist Listing ID: 30091510
Property Subtypes: Flex Space, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 47,395 SF
Gross Building Area: See Agent
Gross Land Area: 5.23 Acres
Sale Price: $1,850,000
Unit Price: $39.03 PSF
Docks/Doors: 4 Docks
Drive In Bays: 4 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/5/2018

Overview / Comments

The property is 100% leased to two long term tenants, Colfax Fluid Handling (formerly COT Puritech) and Cutter Equipment Company. Colfax has leased 34,195/SF since 2006. They are currently in the middle of a 5 year term. Cutter Equipment leases 13,200/SF and has been a tenant since 2012 and is currently
month to month.
• Property was designed for multiple tenants
• Room to expand warehouse and offices on both ends
• Excess land also available for additional price
• Great setting overlooking Skyland Pines golf course
• Easy access to I-77, Route 62 and Route 30

Attachments & Media

Additional Details

Nearest MSA: Canton-Massillon
County: Stark
Tax ID/APN: 306225
Zoning: I-1
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,793 45,718 135,366
Median Age: 40.47 40.35 39.22
Households: 847 18,325 54,594
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