Investment Overview

Marcus & Millichap is pleased to present this Danfoss Power Solutions property in Maumee, Ohio site for sale. Subject property is a first class research and development site for Danfoss Hydraulics Division. Danfoss is a world leading Danish company founded in 1933. Danfoss, a company with 9.7 Billion Euros in revenue in 2024, is known for engineering and manufacturing solutions for hydraulics, refrigeration, heating, air conditioning, motor control and more. Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption and enable electrification. Danfoss acquired the previous tenant, Eaton, in 2021 in a $3.3 Billion acquisition, which doubled Danfoss's hydraulics division. Danfoss recently extended the lease for five years demonstrating their commitment to the site and it's mission critical value to their continued growth. The subject property is located in strong industrial park with many high end corporate tenants. It is also strategically located adjacent to a strong retail corridor as well as being just off interstate 90. In addition the subject property is directly adjacent to the Danfoss Hydraulics Training Headquarters which is not included in the sale. It would seem to be very desirable for Danfoss Hydraulics Research and Development facility to be ideally located directly next it it's training headquarters, also focused on the hydraulics division, potentially making both properties mission critical sites to the future of Danfoss's Hydraulics Division. Tenant is showing further commitment to the site by doing capital improvements to the exterior of the property as follows: repair and seal the front and back parking lots; replace the front concrete apron and sidewalk; replace the concrete sidewalk for the employee entrance; and replace the asphalt driveway to the drive-up overhead door. The repairs are to be completed by October 31, 2026 and the Landlord is contributing $25,000 to the expense of those repairs, once the repairs are completed. If repairs are not completed by close of escrow, Seller will credit the Buyer the $25,000 Landlord contribution to the repairs.