industrial/ manufacturing for sale · 2020. 9. 10. · fred herrera. senior vice president +1 216...

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272 + 285 NE AVENUE TALLMADGE, OHIO 44278 INDUSTRIAL/ MANUFACTURING FOR SALE www.cbre.us/cleveland FRED HERRERA Senior Vice President +1 216 363 6408 [email protected] JENNA GAUNTNER Associate +1 216 363 6450 [email protected] CBRE, INC. 950 Main Avenue Suite 200 Cleveland, OH 44113

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Page 1: INDUSTRIAL/ MANUFACTURING FOR SALE · 2020. 9. 10. · FRED HERRERA. Senior Vice President +1 216 363 6408 fred.herrera@cbre.com. JENNA GAUNTNER. Associate +1 216 363 6450 jenna.gauntner@cbre.com

272 + 285 NE AVENUE TAL LMADGE , OH IO 44278

INDUSTRIAL/ MANUFACTURING F O R S A L E

www.cbre .us/c leve land

FRED HERRERASenior Vice President+1 216 363 6408

[email protected]

JENNA GAUNTNERAssociate

+1 216 363 [email protected]

CBRE, INC.950 Main Avenue

Suite 200Cleveland, OH 44113

Page 2: INDUSTRIAL/ MANUFACTURING FOR SALE · 2020. 9. 10. · FRED HERRERA. Senior Vice President +1 216 363 6408 fred.herrera@cbre.com. JENNA GAUNTNER. Associate +1 216 363 6450 jenna.gauntner@cbre.com

PROPERTY HIGHLIGHTS

DEMOGRAPHICS 5 MILE RADIUS

$146,239AVERAGE HOUSING

VALUE

$62,311AVERAGE HH

INCOME

186,391POPULATION

109,095EMPLOYEES

77,969HOUSEHOLDS

39.1MEDIAN AGE

• Year Built: 1937/1973/1988/2001/2017

• Size: 85,052 SF

• Property Mix:

− Industrial: 71,806 SF

− Office: 13,246 SF

• Acreage: 3.38

• Drive-ins: Six (6)

• Docks: Three (3)

• Dock equipment with the three (3) docks

− One (1) interior dock

− Two (2) exterior docks (10’ wide) with mechanical dock levelers

• Clear Height: 14’-18’

• Two, 3-ton, bridge cranes and various one ton and one-half ton light duty bridge cranes

• Two 100 HP (2000) Sullair air compressors model LS20

• 6” reinforced concrete floors

• Parking: Abundant parking

• HVAC:

− Office: Packaged Units

− Warehouse: Unit Heat (est)

• Main Power: 480Volt/1,200Amp

• Lighting: Combination metal halide & high efficiency T-8

• Sprinklers: Wet system (partial coverage)

• Click here for Zoning Map

• Click here for Code of Ordinances

• Owner: Walto Truck Equipment Co

• Adjacent to the Freedom Trial - a multipurpose trail extending from Kent to the University of Akron

• ASKING PRICE: $22.34/SF ($1,900,000)

Page 3: INDUSTRIAL/ MANUFACTURING FOR SALE · 2020. 9. 10. · FRED HERRERA. Senior Vice President +1 216 363 6408 fred.herrera@cbre.com. JENNA GAUNTNER. Associate +1 216 363 6450 jenna.gauntner@cbre.com

UV261

272-285 NE AVE272-285 NE AVE

CITY OWNED LOT CITY OWNED LOT AVAILABLE FOR LEASEAVAILABLE FOR LEASE

4.19 ACRES4.19 ACRES

PROPERTY AERIAL

Page 4: INDUSTRIAL/ MANUFACTURING FOR SALE · 2020. 9. 10. · FRED HERRERA. Senior Vice President +1 216 363 6408 fred.herrera@cbre.com. JENNA GAUNTNER. Associate +1 216 363 6450 jenna.gauntner@cbre.com

FLOOR PLAN

Page 5: INDUSTRIAL/ MANUFACTURING FOR SALE · 2020. 9. 10. · FRED HERRERA. Senior Vice President +1 216 363 6408 fred.herrera@cbre.com. JENNA GAUNTNER. Associate +1 216 363 6450 jenna.gauntner@cbre.com

East Ave

Northw

est Ave

South

west A

ve Southeast Ave

UV261

UV91

UV261

UV91

UV261

W Overdale Dr

Linda St

Outlook Dr

Elmwood Dr

Erie R

d

Mar

yann

Rd

E Overdale Dr

Wrig

ht R

d

Brian Dr

AMENITIES OVERVIEW

272-285 NE AVE272-285 NE AVE

MUNICIPALITY OWNED MUNICIPALITY OWNED LOT-CAN BE LEASEDLOT-CAN BE LEASED

4.19 ACRES4.19 ACRES

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. Lcensed Real Estate Broker.