25401 Elliott Rd | Defiance, OH 43512
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- LoopNet Team
25401 Elliott Rd
Defiance, OH 43512
Industrial Property For Sale
Investment Highlights
- Ten Year NNN Lease with annual bumps and two five year options
- Located near to Harmon Business Park, a 90-acre industrial business park, which is in development nearby.
- Built in 2018 and priced below market replacement cost
PROPERTY FACTS
| Property Type | Industrial | Year Built | 2016 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 32 FT |
| Lot Size | 13.60 AC | No. Dock-High Doors/Loading | 40 |
| Rentable Building Area | 100,000 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 13.60 AC |
| Rentable Building Area | 100,000 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Tenancy | Single |
| Clear Ceiling Height | 32 FT |
| No. Dock-High Doors/Loading | 40 |
| No. Drive In / Grade-Level Doors | 2 |
Utilities
- Lighting - Fluorescent
- Gas
- Water
- Sewer
- Heating
About 25401 Elliott Rd , Defiance, OH 43512
Built as a spec building, DECKED initially leased 50,000sf in 2018 and exercised their option for the entire building at the end of 2019. The new ten-year lease starts February 2020, with annual bumps. Two 5 yr renewal options. Priced below reproduction cost. Lease rate well below the market rate. Landlord responsible for roof, structure and driveway.
PROPERTY TAXES
| Parcel Number | J120007000603 | Improvements Assessment | $917,980 |
| Land Assessment | $148,120 | Total Assessment | $1,066,100 |
PROPERTY TAXES
Parcel Number
J120007000603
Land Assessment
$148,120
Improvements Assessment
$917,980
Total Assessment
$1,066,100
zoning
| Zoning Code | M-3 (Manufacturing) |
| M-3 (Manufacturing) |
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