7350 Young Dr - Manufacturing FOR SALE


Walton Hills, OH 44146
$9,750,000 USD
949-246-0109
7350 Young Dr, Walton Hills, OH for Sale
$9,750,000 USD
Manufacturing - FOR SALE
1/5
null | 10.24% Cap Rate

7350 Young Dr
Walton Hills, OH 44146


HIGHLIGHTS

  • SHORT-TERM YIELD: IN-PLACE RENT PROVIDES A 10.24% CAP RATE THROUGH JANUARY 2027.
  • FLEXIBLE EXIT: OPTIONS FOR RE-LEASE, REPOSITIONING, OR OWNER- USER AT LEASE EXPIRATION.
  • CORPORATE TENANT: TRANSTAR INDUSTRIES, A NEXAMOTION CO, 66 LOCATIONS, GLOBAL PRESENCE
  • WELL-LOCATED INDUSTRIAL ASSET: ±142,016 SF WITH 20’ CLEAR HEIGHT, DOCK-HIGH LOADING, CLEVELAND MSA.

OVERVIEW

Graystone Capital Advisors is pleased to present the opportunity to acquire a high-yield, short-term industrial investment in Walton Hills, Ohio. Leased to Transtar Industries, a NexaMotion Co through January 2027, the property delivers passive income with minimal landlord obligations under an absolute NNN lease. The in-place rent of $998,537 delivers an outsized return with a 10.24% cap rate. At lease maturity, buyers can reposition the asset: re-lease at market rates, subdivide for multiple tenants, or occupy the property as an owner-user.

FOR SALE DETAILS

PRICE

$9,750,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

10.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Transtar Industries

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

8

DRIVE INS

2

PARKING SPACES

100

LAND DETAILS

LAND ACRES

9.19

LAND SF

400,316

ZONING

IG

APN/PARCEL ID

794-28-008

ASK ABOUT THIS PROPERTY

Kurt HedigerGraystone Capital AdvisorsMore Info
949-246-0109

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Kurt HedigerGraystone Capital AdvisorsMore Info
949-246-0109

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