34 Executive Drive Norwalk, OH 44857

Other MLS #: 9070512 Courtesy Of RE/MAX Quality Realty

Property InformationDescription

Excellent investment opportunity featuring a fully leased multi-unit medical/office building in Norwalk's desirable Executive Estates Subdivision. Secured by a top-tier single tenant with a 5-year variable index lease commencing June 1, 2026, plus a 5-year renewal option through May 2036. Offering a strong 12%+ CAP rate, this property delivers reliable cash flow and long-term stability. Tenant covers taxes, insurance, and utilities; landlord responsible for building, HVAC, and common area maintenance. Well-maintained with a professional layout ideal for medical or office use. Strategically located within one hour of Cleveland and Toledo, and under two hours to Columbus, providing excellent regional access and growth potential.
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Features

  • Age: 41-50 Years Old
  • Architecture Style: Other
  • Cooling System: Central Air
  • Exterior Type: Brick
  • Heating System: Natural Gas
  • MLSID: 9070512
  • Roof Type: Other

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34 Executive Drive, Norwalk, OH 44857
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