RESERVE MANAGEMENT GROUP & MACTAC

Stow, OH

ASKING PRICE
$21,475,000
SQ FT
625,616
LEASE TYPE
NNN
CAP RATE
6.25%
PROPERTY STATUS
AVAILABLE
TENANT TYPE
National

INVESTMENT HIGHLIGHTS

  • 625,616 square foot two-tenant net-leased industrial complex
  • RMG, the largest tenant, has invested upwards of $8M toward renovations and capital improvements
  • RMG: (90.46% of GLA) has 12-years and 5-months remaining on their initial lease with 4 (5)-yr options
  • RMG: 11.43% rent increase on 4/1/23; 12.82% rent increase on 4/1/28
  • Mactac occupies 48,542 square feet of office with rent increases
  • Upside in the 11,164 square foot available office vacancy at the main entrance of complex
  • Household Income > $102,565 within a 3-mile radius
  • Significant Recent Roof Replacements
Interested in this property?

EXCLUSIVE ADVISOR

DAN LARICCIA 216.464.4060
Request information

RESERVE MANAGEMENT GROUP & MACTAC

Stow, OH

ASKING PRICE
$21,475,000
SQ FT
625,616
LEASE TYPE
NNN
CAP RATE
6.25%
PROPERTY STATUS
AVAILABLE
TENANT TYPE
National

INVESTMENT HIGHLIGHTS

  • 625,616 square foot two-tenant net-leased industrial complex
  • RMG, the largest tenant, has invested upwards of $8M toward renovations and capital improvements
  • RMG: (90.46% of GLA) has 12-years and 5-months remaining on their initial lease with 4 (5)-yr options
  • RMG: 11.43% rent increase on 4/1/23; 12.82% rent increase on 4/1/28
  • Mactac occupies 48,542 square feet of office with rent increases
  • Upside in the 11,164 square foot available office vacancy at the main entrance of complex
  • Household Income > $102,565 within a 3-mile radius
  • Significant Recent Roof Replacements

RESERVE MANAGEMENT GROUP & MACTAC

Stow, OH

ASKING PRICE
$21,475,000
SQ FT
625,616
LEASE TYPE
NNN
CAP RATE
6.25%
PROPERTY STATUS
AVAILABLE
TENANT TYPE
National

INVESTMENT HIGHLIGHTS

  • 625,616 square foot two-tenant net-leased industrial complex
  • RMG, the largest tenant, has invested upwards of $8M toward renovations and capital improvements
  • RMG: (90.46% of GLA) has 12-years and 5-months remaining on their initial lease with 4 (5)-yr options
  • RMG: 11.43% rent increase on 4/1/23; 12.82% rent increase on 4/1/28
  • Mactac occupies 48,542 square feet of office with rent increases
  • Upside in the 11,164 square foot available office vacancy at the main entrance of complex
  • Household Income > $102,565 within a 3-mile radius
  • Significant Recent Roof Replacements
Interested in this property?

EXCLUSIVE ADVISOR

DAN LARICCIA 216.464.4060

Request information