1871 Henn Pky - Telecom Hotel/Data Hosting FOR SALE


Warren, OH 44481
$7,500,000 USD
330-306-0503
1871 Henn Pky, Warren, OH for Sale
$7,500,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/12
null | Request Cap Rate

1871 Henn Pky
Warren, OH 44481


HIGHLIGHTS

  • Ideal building for a data center
  • Class A Facility
  • Fully sprinkled
  • High power

OVERVIEW

Class A facility with high density sprinklers 6 docks with levelers + 1 drive-in door 5T bridge crane 8-12” thick floors + 24-30’ ceilings Within 1,000 yards of Ultium Cells and FoxConn LOCATION: Lordstown, Ohio. Immediately adjacent to Lordstown Energy Center, a 950Mw Combined Cycle Natural Gas Turbine (CCGT) power plant. It is within 200 yards of and adjacent to the Trumbull Energy Center, a 950Mw CCGT power plant to be operational in early 2026. A 345 KVa transmission line crosses near the rear of subject property, that will additionally be fed from TEC. Access to this 345Kva power line will be made available in this offering. There are additional circuits within eyesight for redundant power. THE BUILDING: A 53,360 SF building built in 2007 for vinyl extrusion operation. It is fully sprinkled, and built to dissipate heat. Has a dock side that opens to a large concrete truck receiving area, building could easily be added to in this area. The site is 15ac. There is adequate open land to build at least another 50,000SF building if desired. Building currently has 480V 3ph 2000A service, full Village municipal water/sewers. The street is serviced by Lordstown Water for LEC and a second source of municipal water will be nearby to cool TEC. There is more than ample water to cool a data center. THE OFFERING TODAY: The building is currently leased to a construction company building TEC, expecting to be completed in early 2026. Construction company will vacate when TEC is completed. The construction company is currently paying $55,000/mo. lease plus property taxes and utilities. Lease income will transfer to buyer for duration. TIMING IS EVERYTHING: Buyer can take control of the building during the tenancy of the construction company. Buyer can: Receive rental income Design and build substation needed to receive power from 345 KVA lines Enter into a wholesale power purchase agreement with TEC or LEC for data center. Under Ohio (and PJM) Laws/Rules, power MUST be purchased through the grid, there will be no direct connection to either TEC or LEC Possibly work with construction company to design/build any desired addition to building as their need for the building space wanes. There is sufficient space next to building to build another 100,000+SF for additional data center. All of the above functions will easily take 18+ months, therefore buyer has benefit of minimizing dead income during construction of infrastructure.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

30 Ft

DOCKS

6

DRIVE INS

1

PARKING SPACES

60

LAND DETAILS

LAND ACRES

15

LAND SF

653,400

ZONING

Industrial

APN/PARCEL ID

45-904158

ASK ABOUT THIS PROPERTY

Dan CrousePlatz Realty GroupMore Info
330-306-0503

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Dan CrousePlatz Realty GroupMore Info
330-306-0503

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