1001 E Lutz Rd - Distribution FOR SALE


Archbold, OH 43502
$65,000,000 USD
419-573-0509
1001 E Lutz Rd, Archbold, OH for Sale
$65,000,000 USD
Distribution - FOR SALE
1/37
null | Request Cap Rate

1001 E Lutz Rd
Archbold, OH 43502


HIGHLIGHTS

  • 1001 E Lutz Road is a versatile industrial facility with exceptional connectivity, ideal for distribution, manufacturing, or food-grade users.
  • Capitalize on a 772,000-square-foot building featuring a 28' to 32' clear height, 7" to 11" concrete floor depths, 25 dock doors, and three drive-ins.
  • Rail-served property with Norfolk Southern serviced rail into the building with additional exterior siding potential.
  • Strategically located in a Foreign Trade Zone with nearby access to Interstate 80/90 Ohio Turnpike, Highway 6, and Interstate 75.

OVERVIEW

1001 E Lutz Road offers a unique opportunity to own a flexible industrial or warehouse facility with an on-site rail spur. This state-of-the-art, nearly 1.5 million-square-foot building provides specs suitable for a wide range of warehouse, distribution, manufacturing, or food-grade users. Building features include a 28- to 32-foot clear height, 7- to 11-inch concrete floor depths, 25 dock doors, and Norfolk Southern served rail into the building with an additional exterior siding. This location provides convenient access to interstates, population centers, railways, and ports. Centrally located between Chicago, Indianapolis, Columbus, and Detroit. The property is close to the Interstate 80/90 Ohio Turnpike and has a seamless connection to Interstate 75 and other major interstates. Within a 50-mile drive of the property is the Port of Toledo, which supports 13 terminals linked to global markets. Tenants will also benefit from Archbold and Fulton County's designated Foreign Trade Zone location. Archbold is in Northwest Ohio, 30 miles west of Toledo. Businesses are attracted to this area because of its deep talent pool, which includes the surrounding communities and Northwest State Community College. Historically, the workforce in Archbold exceeds the community population, drawing from the six-county area. Many major companies call Archbold home, including Sauder Woodworking, ConAgra, Sauder Manufacturing, Sanoh America, Frozen Specialties, and Archbold Furniture.

FOR SALE DETAILS

PRICE

$65,000,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

32 Ft

DOCKS

61

DRIVE INS

8

PARKING SPACES

355

LAND DETAILS

LAND ACRES

70.5

LAND SF

3,070,980

ZONING

M-2

APN/PARCEL ID

17-034375-04.000,17-034375-05.000,17-034375-06.000

ASK ABOUT THIS PROPERTY

Mark BaringerNAI Harmon GroupMore Info
419-573-0509

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Mark BaringerNAI Harmon GroupMore Info
419-573-0509

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.