Investment Overview

Marcus & Millichap is pleased to present the sale offering of 4246 Hudson Drive, a 10-year sale-leaseback industrial investment opportunity in Stow, Ohio. The property is located in a robust industrial pocket in the North Akron MSA, which boasts minimal vacancy. With immediate access to Ohio State Route 8 (OH-8), the property is less than 15 minutes from downtown Akron and 30 minutes from downtown Cleveland via car. The subject property consists of ±43,248 square feet of industrial space situated on ±4.158 acres of land complete with seven (7) external docks, two (2) drive-in doors, and a clear height of 18’. The building was originally built in 1999, with ±19,500 square feet of warehouse space added in 2008. The tenant, Printing Concepts, is a leading commercial printer in Northeast Ohio. For over 30 years, they have been providing on-time, high quality printing at competitive prices, while using leading-edge printing technology. The subject property serves as corporate headquarters for Printing Concepts. At Close of Escrow, Printing Concepts is offering to sign a 10-year absolute net lease, with 3% annual rental increases and two (2), five-year options. The purchase of this offering presents an investor with the opportunity to own an industrial asset in a robust pocket of the Northeast Ohio industrial market. At the current list price of $4,100,000 the investment offering will generate an in-place net operating income of $324,360, which equates to a capitalization rate of 7.91%.