Union Metal

1432 Maple Ave. NE, Canton, OH
Deal Type:
Sale Leaseback
Price:
$7,012,500
Cap Rate:
8.00%
Current Rent:
$561,000
Lease Type:
Triple Net
Lease Term:
15-20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
472,895
Rent Increases:
1.50% - 2.00% annually
Site Size:
4.52 acres

Investment Highlights

  • Long-term, absolute triple net lease with annual rent increases
  • The Property is centrally-located in the Cleveland metro area with direct highway and rail access
  • Below-Market Rent | Attractive Basis
  • Redevelopment potential
  • Mission critical headquarters facility for century-old steel and aluminum pole manufacturer

Listing Agents

Jeff Lizzo STREAM Capital Partners

Jeff Lizzo

Senior Vice President
630 222 8409
Jeff@stream-cp.com
Jonathan Wolfe STREAM Capital Partners

Jonathan Wolfe

Managing Principal
312 310 2798
Jonathan@stream-cp.com
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