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1374 Township Road 743

Ashland, OH 44805
  • $4,950,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 222011166
UPDATED: 40 min ago
$4,950,000
  • 0
    BEDS
  • 22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2008
County:
Area:

School Ratings & Info

Description

1374 Twp. Rd. 743 in Ashland, OH just West of I - 71 off SR 250. NNN Leaseto Ohio Tool Works manufacturer of industrial honing machines, tooling andabrasives. Subsidiary of Hardinge, Inc. 1998/2013 Varco Pruden construction. 22- 24.5' ceiling heights, 4 truck docks, 3 drive ins, sprinklered, 2 - 10 ton cranesand 2 - 5 ton cranes. 5,720 SF Office & 71,250 SF on 22 acres with room forexpansion. Approximately 5,720 SF of Office space. Fully sprinklered facility. 22 acre wooded lot with retention pond and room for expansion. Fantastic location just west of I 71 N & S .25 mile off SR 250. . Outstanding IRS Section 1031 Like Kind Exchange property. NNN leased at $318,360/annually. Priced at $4,950,000 - 6.5% Cap. Very clean and must be seen to be appreciated. Extremely sound tenant.

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© 2022 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exp Realty. Data last updated: 2022-05-28T11:52:20.007.
www.columbusohrealestatesearch.com/homes/127586697
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1374 Township Road 743 Ashland, OH 44805

  • Price: $4,950,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 40 min ago
  • MLS #: 222011166
0
Beds
0
Baths
0
½ Baths
22
Acres
2008
Built
Neighborhood:
Ohio Tool Works
County:
Ashland
Area:
Ashland
Property Description
1374 Twp. Rd. 743 in Ashland, OH just West of I - 71 off SR 250. NNN Leaseto Ohio Tool Works manufacturer of industrial honing machines, tooling andabrasives. Subsidiary of Hardinge, Inc. 1998/2013 Varco Pruden construction. 22- 24.5' ceiling heights, 4 truck docks, 3 drive ins, sprinklered, 2 - 10 ton cranesand 2 - 5 ton cranes. 5,720 SF Office & 71,250 SF on 22 acres with room forexpansion. Approximately 5,720 SF of Office space. Fully sprinklered facility. 22 acre wooded lot with retention pond and room for expansion. Fantastic location just west of I 71 N & S .25 mile off SR 250. . Outstanding IRS Section 1031 Like Kind Exchange property. NNN leased at $318,360/annually. Priced at $4,950,000 - 6.5% Cap. Very clean and must be seen to be appreciated. Extremely sound tenant.
Exterior Features

Bay Size Depth 25 Bay Size Width 25 Construction BlockFrameMasonryMetal Dock Size 10 X 10 Docks 4.00 Drive In Doors 3.00 Drive In Doors Size 14 X 14 Lot Size Frontage !RR Lot Size Side Irr Parking Ratio1000 11000.00 Total Parking 75.00

Interior Features

Bldg Sq Ft 77010.00 Ceiling Height Ft 22 Floors Above Ground 1.00 Heat Fuel Gas Heat Type Forced Air Max Cont Sqft Avail 77010.00 Minimum Sq Ft Available 77010.00 Office Sq Ft 5720.00

Property Features

Assessment None Known Auction No Between Street1 I - 71 Between Street2 Commerce Parkway Corp Limit Per Auditor Ashland Dist To Interchange 0.25 Electric 3 Phase Financials Effective Income 316360.00 Financials For Year Of 2021 Financials Gross Rental Income 316360.00 Financials Other Income 0.00 Financials Vacancy And Credit Loss 0.00 For Exchange No For Lease No For Sale Yes Industrial Sub Type Manufacturing Miscellaneous Building PlansCranesHandicap AccessSecurity System Near Interchange I - 71 & Sr 250 New Financing Conventional Occupancy Rate 100 Possession Closing/Tnts Rights Previous Use Manufacturing Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 125 Tax Year 2021 Taxes Yearly 45136.00 Tenant Contracts Directly AllBuilding InsuranceCamJanitorialMaint/RepairsRE TaxesUtilities Township Montgomery Use Code 330 - MEDIUM MFTG & ASSEMBLY Year Built Status 2008 Year Remodeled 2014 Zoning Manufactoring

Listing provided courtesy of Gregory J Hrabcak of Her, Realtors


© 2022 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exp Realty. Data last updated: 2022-05-28T11:52:20.007.
 
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