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: 11/16/2017

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
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.