Melissa Hornbeck

34 Executive Drive
Norwalk, OH 44857

$565,000

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Listing Details

  • $565,000
  • MLS# 5187939
  • Type Commercial - Office
  • Status Active
  • 0.759 acres
    Lot Size
  • 1981
    Year Built
  • Norwalk City
    Local Schools

Home Value Estimate


Description

EXCELLENT INVESTMENT OPPORTUNITY - 12%+ CAP RATE Prime Medical/Office Building | Norwalk's South Side Positioned in the highly desirable Executive Estates Subdivision on Norwalk's south side, this multi-unit medical/office building presents a rare opportunity for investors seeking strong cash flow and long-term stability. ? Fully Leased to Top-Tier Single Tenant ? Lease Commencing June 1, 2026 ? 5-Year Variable Index Lease Term ? Additional 5-Year Renewal Option (Through May 2036) ? 12%+ CAP Rate The property offers a functional and professional layout ideal for medical or professional office use. It has been well maintained and provides...read more

Features

  • Central Air
  • Forced Air, Gas
  • 1.0 Story
  • $6,607 / year Taxes
  • Public
  • Built in 1981

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