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Mika Metal Fabricating 4530 Hamann Ind Pky

78,560 SF Industrial Building Willoughby, OH 44094 For Sale

Industrial Properties Ohio Willoughby 4530 Hamann Ind Pky, Willoughby, OH 44094

Investment Highlights

  • Prime sale leaseback investment opportunity.
  • Located in western Lake County, bordering Northeast Ohio's most populous county - Cuyahoga.
  • Home to Mika Metal Fabricating since 1999.
  • Highly functional, flexible, and efficient facility.
  • Low light industrial vacancy rates for buildings of this size and quality.

Executive Summary

78,560 SF facility built in 1969, 1973, & 1976. Single tenant NNN lease. $5.50 market rent in strong industrial/flex market with annual escalations. Operating business entity since 1939. New, industry experienced ownership since 2020. Specialty metal fabricating provider to medical, utility, electronic, and automotive customers. Home to Mika Metal Fabricating since 1999. Highly functional, flexible, and efficient facility.

Attachments

4530 Hamann Pkwy OM Teaser
NDA

Property Facts

Sale Type Investment No. Stories 1
Sale Conditions Sale Leaseback Year Built 1973
Property Type Industrial Tenancy Single
Property Subtype Manufacturing Parking Ratio 0.64/1,000 SF
Building Class C Clear Ceiling Height 15 FT
Lot Size 3.31 AC No. Dock-High Doors/Loading 2
Rentable Building Area 78,560 SF No. Drive In / Grade-Level Doors 3
Sale Type Investment
Sale Conditions Sale Leaseback
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 3.31 AC
Rentable Building Area 78,560 SF
No. Stories 1
Year Built 1973
Tenancy Single
Parking Ratio 0.64/1,000 SF
Clear Ceiling Height 15 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3

Amenities

  • Air Conditioning

Utilities

  • Lighting
1 of 1

PROPERTY TAXES

Parcel Number 27-A-014-B-00-008 Improvements Assessment $550,200
Land Assessment $50,400 Total Assessment $600,600

PROPERTY TAXES

Parcel Number
27-A-014-B-00-008
Land Assessment
$50,400
Improvements Assessment
$550,200
Total Assessment
$600,600

zoning

Zoning Code L-1 (Light Industrial)
L-1 (Light Industrial)
(216) 525-1466

  • Listing ID: 29572279

  • Date on Market: 9/20/2023

  • Last Updated:

  • Address: 4530 Hamann Ind Pky, Willoughby, OH 44094

More public record information on 4530 Hamann Ind Pky, Willoughby, OH 44094

The Industrial Property at 4530 Hamann Ind Pky, Willoughby, OH 44094 is currently available For Sale. Contact Cushman & Wakefield | CRESCO Real Estate for more information.

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Mika Metal Fabricating | 4530 Hamann Ind Pky
(216) 525-1466 x

Mika Metal Fabricating | 4530 Hamann Ind Pky

Matthew Beesley

(216) 525-1466

(216) 525-1466

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