Multi-Tenant Industrial/Office/Warehouse Flex property that can accommodate up to 9 tenants. Some of the units have as much as 30 % office. It is part of a two building complex with a second building of about the same size and configuration which is also for sale. Ideally located in the heart of one of the Industrial/Commercial areas of Mentor with good freeway access.

Location Description:

This multi-tenant industrial flex space property is located in Mentor, an eastern suburb of Cleveland, Ohio, approximately 35 minutes from downtown Cleveland, within .5 and 1.5 miles respectively of Rt. 306 exits at Highway Rt. 2 and I 90. Rt. 2 is a heavily traveled North South artery connected to the two exits. It has numerous service oriented retail including restaurants, hotel and convenience gas stations. This part of Mentor has 100's of industrial space users doing assembly, warehousing and light manufacturing. Mentor is strategically located in the middle of America's largest concentration of consumer and industrial markets. It is in the center of a 500 mile radius that contains half of the population of the United States and Canada

Highlights:

>> Perfect User/Investor opportunity with 10,400, 4000, and 1440 sq.ft. of contiguous spaces for a user to occupy

>> 24,160 sq.ft. of Office/Industrial space

>> Current tenants are mo. to mo. at below market rents and cover expenses

>> New parking lot paving in 2016

>> Highway visibility from Rt. 2 and located at Rt.2/Rt. 306 Exit

>> Served by two major highway interchanges

>> A similar building adjacent to this building's site is also available

* Email for additional photos

Sales Info:

>> Cap rate: 11.39%

>> Commision split: 50.0%

>> NOI: $67798