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10 Tegam Way

28,400 SF Industrial Building Geneva, OH 44041 $1,913,584 CAD ($67 CAD/SF) 8.50% Cap Rate

Executive Summary

28,400 Sq/ft, 1 Story , free span light industrial building In Geneva, Ashtabula County. Currently leased at $9600/ month for a CAP rate of 8.5%
This is a true NNN lease!!!!! NO LANDLORD RESPONSIBILITIES !!!! Lease expires 5/1/2026 . A great investment property, 1031, or plan on having it as a owner user at the end of the lease.

If you are interested in leasing instead of purchasing we would consider a NNN 5+year term at $10,000/month

Property Facts

Price $1,913,584 CAD
Price Per SF $67 CAD
Sale Type Investment or Owner User
Cap Rate 8.50%
Property Type Industrial
Property Subtype Manufacturing
Lot Size 5.50 AC
Rentable Building Area 28,400 SF
No. Stories 1
Year Built 1993
Tenancy Single
Parking Ratio 2.75/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
200029003701
Land Assessment
$28,547 CAD
Improvements Assessment
$390,682 CAD
Total Assessment
$419,229 CAD
  • Listing ID: 32642060

  • Date on Market: 2024-07-31

  • Last Updated:

  • Address: 10 Tegam Way, Geneva, OH 44041

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