5453 Roan Rd.

Photos

8 photos · courtesy Encore Real Estate Investment Services

100% occupied multi-tenant flex three in-place tenants across 7,200 SF provide diversified, stabilized cash flow and insulate ownership from the binary vacancy risk of a single-tenant asset Attractive 9.00% cap rate on $45,933 NOI strong going-in yield relative to comparable Northwest Ohio flex and small-bay product Mark-to-market upside in-place rents averaging $8.67/SF leave room to push toward market on renewal or rollover across the three units Functional small-bay configuration 1,800-3,600 SF suites with grade-level loading appeal to the deep pool of local users (trades, light manufacturing, distribution, service), keeping the re-tenanting universe wide High-demand Sylvania location affluent suburban submarket (avg. HH income $105K+ within 1 mile) with immediate access to I-475/U.S. 23 and the Monroe St. retail corridor Flexible 31-M1 Light Industrial zoning supports a broad range of permitted uses, supporting long-term tenant demand and exit optionality

Type

Industrial

Size

7,200 sq ft

Terms

$510,366

Offered as

For sale

Built

1987

Address

5453 Roan Rd