560 Solon Road

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560 Solon Road

Bedford, OH 44146
Asking Price
$3.30M
Cap Rate
7.5%
Asset Type
Flex Industrial
Class
Class B

What's Special

ABS NNN Industrial Sale-Leaseback | Long-Term 15-Year Lease | Strong Financials | Cleveland MSA <ul><li>​<strong>Strong Guarantee From Growing Operator:</strong> Ohio Aluminum has seen rapid growth and increased revenues over the last 3 years due to an uptick in airplane sales and increased production lines from Boeing and Airbus. Proceeds from the sale will be used to help fuel the tenant's rapid growth.</li><li>​<strong>Mission Critical Facility:</strong> Ohio Aluminum recently expanded its manufacturing operations into this facility, making it critical for the tenant's business. Due to

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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193

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