96,400 Square Foot industrial building on 11 acres available for sale. 12,500 SF office - built new in 2001. 5 ton, 10 ton, 15 ton crane rails throughout with 22' clear under hook.
5 ton, 10 ton, 15 ton crane rails throughout with 22? clear under hook
11 acres
2 docks
5 drive-in doors
Date of construction: 1985 with additions in 1986, 1988, 1993, 2001
TENANT:
EFFOX INC.
9759 INTER-OCEAN DRIVE
CINCINNATI, OHIO 45246
(Subsidiary of CECo Environmental - www.cecoenviro.com)
NEW FIVE (5) YEAR LEASE
Yearly Income
12/01/2006 - 12/01/2007 $4.25 Sq. Ft. x 96,400 Sq. Ft. $409,700.00
12/01/2007 - 12/01/2008 $4.50 Sq. Ft. x 96,400 Sq. Ft. $433,800.00
12/01/2008 - 12/01/2009 $4.75 Sq. Ft. x 96,400 Sq. Ft. $457,900.00
12/01/2009 - 12/01/2010 $5.00 Sq. Ft. x 96,400 Sq. Ft. $482,000.00
12/01/2010 - 12/01/2011 $5.25 Sq. Ft. x 96,400 Sq. Ft. $506,100.00
Average $4.75 Sq. Ft. x 96,400 Sq. Ft. $457,900.00
BUILDING
1st Phase Built 1985
2nd Phase Built 1986
3rd Phase Built 1988
4th Phase Built 1993
All New Office Built
Total Acres - 11 Acres
Special Features - Manufacturing Area Crane Served
TRUE TRIPLE NET LEASE - LESSEE PAYS FOR EVERYTHING
Contact: Frank Torbeck, SIOR frank.torbeck@everestrealestate.com 513/769-2505
Agent
Frank Torbeck Company:The Everest Group Properties: 5
Since 1980, Frank has specialized in Industrial Real Estate and has been actively involved in brokerage and development of manufacturing/warehouse, office/warehouse, R & D facilities, bulk warehouse buildings and land.He has been involved in over 1,000 lease/sales transactions approximating in excess of $350,000,000 in value.
EDUCATION
BS Marketing - Miami University (Oxford, Ohio)
MBA Finance - Xavier University (Cincinnati, Ohio)
SIOR- Society of Industrial/Office Realtors & Commercial Investment Real Estate Council Member
Member of Kentucky Industrial Development Council
EXPERIENCE
The Everest Group, Inc. - As CEO/Principal, Frank is responsible for sales and leasing of Industrial and Office/Warehouse projects including single-tenant, multi-tenant and park development sites.He continuously develops new contacts in the Greater Cincinnati business district.Frank successfully manages the administrative brokerage operations of The Everest Group.
Carnegie Properties, Inc. - VP responsible for development, sales/leasing and marketing of Industrial projects: - Townview Business Center (80,000 SF office/warehouse in Queensgate) - Carnegie Center (135,000 SF office/warehouse in Tri-County) - Tech Valley Park (45 acre Industrial Park in Milford)
Coldwell Banker - As an Industrial Sales Associate, Frank was involved in numerous Industrial Real Estate sales and leasing transactions.
VOLUNTEER BOARDS
Greater Cincinnati Chamber of Commerce
Northern Kentucky Chamber of Commerce
Butler County Chamber of Commerce
Clermont County Chamber of Commerce -Board of Directors -Economic Development Committee - Vice/Chairman -Public Relations Committee -Co-Chairman Physical Infrastructure Committee
Clermont 20/20 Citizens Advisory Committee
Mercy Hospital Fundraising Committee
Clermont Leadership program graduate
Social Services Board - Clermont County Commissioners
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