3476 Irwin Simpson Rd - Landen Lakes
Listing was updated at: 10/17/2019
Property Overview
Price/Rent PSF $ 895,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 7,400
Date Available 10/17/2019
Spaces Show
Additional URL Link
Floors 2
Additional parameters Show
Search Demographic Data Explore financing options

Contact

Description

Location
Located in one of the top communities in Ohio, this two-floor frame office building was built in 1979 and sits on 1.332 acre lot.

Sale
This frame office building was built in 1979 and sits on 1.332 acre lot. It contains approx. 7400 sf divided into several offices which are all fully rented. The property is generating gross yearly income of +/-$89,200 and an NOI of +/- $59,000.00. A certified copy of the NOI from January 2010 – June 2010 is available for viewing. According to the owner, there are (4) A/C units serving the building, the roof was replaced 12 years ago, and the driveway/parking lot was resealed in 2009. Real Estate taxes come in at $5,237.55 semi-annually. Warren County PID # 16211770400. This will make an exceptional property for your real estate portfolio no matter what cap rate you use.

Location