754 North Progress Drive

Property Description: 754 North Progress Drive is for sale as an investment property, as tenant has three years remaining on its lease.  The building is a 12,960 SF industrial building that includes first floor space totaling 10,500 SF, plus a 2,400 SF mezzanine.  Built in 1991 and added on to in 1996, the building is situated on 1.68 acres.  Ceiling heights range from 12 feet to 16 feet, and there are 4 grade-level doors. Power includes 3-Phase, 209 Amps and 22 volts. Current lease, which runs through May 31, 2026, has a year-one gross income of $71,227.  Landlord pays taxes and insurance. 

Location Description: This property is located in the City of Medina’s Progress Industrial Park, Medina County, and Northeast Ohio. There are 22 parking spaces near the front of the property and large fenced-in area on the south side of the building.  There is commercial rail near the southwest corner of the property. Property is located approximately 5 miles from both the I-71 at SR-18 interchange and the I-71 at SR-3 interchange giving one easy access to Cleveland, Akron, Canton, Lorain, the Cleveland-Hopkins Airport and the Ohio Turnpike.