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5245<br />
SOUTH<br />
PROSPECT<br />
STREET ROOTSTOWN, OHIO 44266<br />
FOR MORE INFORMATION CONTACT:<br />
Lou Young<br />
Senior Associate<br />
330.374.6360<br />
louis.young@cbre.com<br />
FOR SALE<br />
SPECIAL PROPERTIES GROUP<br />
Two Buildings<br />
+/- 217,089 SF<br />
+/- 187,113 SF in front building<br />
+/- 29,976 SF in rear building<br />
Single tenant or multi-tenant use
FOR<br />
SALE<br />
PROPERTY SUMMARY<br />
MAIN BUILDING<br />
5245<br />
SOUTH<br />
PROSPECT STREET ROOTSTOWN, OHIO 44266<br />
SIZE: +/- 187,113 SF<br />
+/- 5,850 SF Office<br />
(additional in-plant offices)<br />
+/- 181,263 SF WH/MFG<br />
DIMENSIONS: +/- 360’ X +/- 360’<br />
AGE: 1962, with addition in 1968<br />
CONSTRUCTION: Floor: 6” estimate<br />
Walls: Some transite<br />
Some steel<br />
Roof: Tectum deck<br />
Rubber membrane<br />
CONDITION: Good<br />
COLUMN SPACING: Generally 20’ x 50’<br />
CLEAR HEIGHT: Generally 20’+<br />
Some 40’<br />
RESTROOMS: Four total<br />
two men, two women<br />
LIGHTING: Fluorescent throughout<br />
ELECTRIC: 3000 kVA<br />
Distribution throughout<br />
CRANES: One 3-ton<br />
COMPRESSED AIR: Distribution throughout<br />
Two Gardner Denver 75HP<br />
each with air dryer<br />
DOCK DOORS: Six - 10’ H x 8’ W<br />
each with levelers, pads, seals<br />
DRIVE-IN DOORS: Five - generally 15’ H x 15’ W<br />
PARKING: Ample space for employees,<br />
visitors and trucks<br />
HVAC: Office - gas forced air and A/C<br />
Plant - roof mounted gas forced<br />
air plus roof vent fans<br />
SPRINKLER: Wet system, plant only<br />
100,000 gallon elevated tank<br />
plus 250,000 gallon ground<br />
tank<br />
OTHER: 10 plastic pellet silos<br />
REAR BUILDING<br />
SIZE: +/- 29,976 SF<br />
DIMENSIONS: Generally 240’ x 110’<br />
AGE: 1968<br />
CONSTRUCTION: Concrete block and steel<br />
Butler Building<br />
CONDITION: Fair<br />
COLUMN SPACING: Varies throughout<br />
CLEAR HEIGHT: +/- 12’ minimum<br />
RESTROOMS: One<br />
LIGHTING: Fluorescent<br />
ELECTRIC: 150 kVA<br />
DOCK DOORS: None<br />
DRIVE-IN DOORS: Four - sizes vary<br />
PARKING: Ample around building<br />
HEAT: Gas infrared<br />
SPRINKLER: Wet system<br />
© 2012 <strong>CBRE</strong>, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee,<br />
warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent<br />
the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the<br />
property to determine to your satisfaction the suitability of the property for your needs.<br />
SITE<br />
LAND: To be determined by survey;<br />
estimate 30-35 acres<br />
ZONING: GI, General Industrial<br />
ELECTRIC: Ohio Edison<br />
3750 kVA, 69 kV line<br />
GAS: Dominion East Ohio<br />
WATER: Rootstown Water<br />
SANITARY SEWER: Portage County<br />
STORM SEWER: Portage County<br />
TAXES: $46,364.40/YR<br />
2009 taxes, payable 2010<br />
(based upon 41.97 acres of<br />
land)<br />
LAST USE: Plastic related manufacturing<br />
operations<br />
POSSESSION: Negotiable<br />
PRICE: $2,100,000.00
REGIONAL INFORMATION ADDITIONAL PHOTOS<br />
LOCATION<br />
The facility is located in Rootstown, a community in Portage County, Ohio. Located<br />
in the northeastern portion of Ohio, Rootstown is within an easy drive of Akron,<br />
Cleveland and Youngstown. The facility is only 1.6 miles from Exit 38 on Interstate<br />
76. Within a two hour drive of Rootstown, there are more than 25 state parks, 100<br />
cultural locations, 400 golf courses and numerous professional and college sports<br />
teams. Over 42% of the U.S. population is within a one day drive of Rootstown.<br />
POPULATION<br />
Rootstown - 7,240 (2005 estimate)<br />
Portage County - 156,451 (2009 estimate)<br />
Akron MSA - 698,553 (2008 estimate)<br />
TRANSPORTATION<br />
The nearest east/west Interstate is I-76, only 1.6 miles due south of the facility.<br />
Connection with I-77, a major north/south interstate, is less than 17 miles from the<br />
facilty. The area is served by Cleveland Hopkins International Airport (37 miles) and<br />
Akron Canton Regional Airport (18 miles).<br />
LABOR<br />
The Portage County Labor Market reflects a total count of civilian labor force of<br />
92,900 as of June 2009 with an estimated labor force in Rootstown of 2,139. The<br />
top 8 largest employers in Rootstown have a combined labor force of 1,241.<br />
OTHER COMPANIES<br />
The largest employers in Rootstown include Northeastern Ohio University College<br />
of Medicine, Rootstown Local School District, Cbocs (a restaurant chain/retail gifts<br />
company), and Jet Rubber, a manufacturer of molded rubber products.<br />
EDUCATION<br />
There are five university/college campuses in and around Rootstown that provide a<br />
pool of talented and educated individuals. Within Portage County, 7.2% have earned<br />
a masters, professional or doctorate degree and 14.3% have earned a bachelors<br />
degree.
FOR<br />
SALE<br />
LOCATION<br />
FOR MORE<br />
INFORMATION<br />
PLEASE<br />
CONTACT<br />
5245<br />
SOUTH<br />
PROSPECT STREET ROOTSTOWN, OHIO 44266<br />
SITE<br />
<strong>CBRE</strong> SPECIAL PROPERTIES GROUP (SPG)<br />
www.cbre.com/SPG<br />
Lou Young<br />
Senior Associate<br />
330.374.6360<br />
louis.young@cbre.com<br />
LOCAL REGIONAL<br />
The Special Properties Group provides specialized acquisition, disposition and consulting services<br />
for major industrial facilities located outside of metropolitan areas. Specifically, the group works<br />
primarily with properties 100,000 square feet and larger, or with those that employ 50 or more people.<br />
Properties such as these are identified and routinely tracked within the group. With more than 50<br />
aligned Industrial Real Estate Experts in 35 offices in the U.S. and Canada, the Special Properties Group<br />
addresses the needs of corporate business with assets in secondary and tertiary markets that previously<br />
had been serviced by non-aligned brokers.<br />
Our SPG network of professionals is able to fulfill client needs across North America, providing service<br />
capabilities that stress market knowledge, experience, quality commercial real estate practices and<br />
great accountability to the client. For more than 20 successful years, SPG has offered expertise through<br />
combining its own unique industrial knowledge with the depth of the <strong>CBRE</strong> platform, traditional real<br />
estate brokerage and local community and provincial/state economic development.<br />
www.cbre.com/rootstownindustrial<br />
<strong>CBRE</strong> | Licensed Real Estate Broker | One Cascade Plaza | Suite 2100 | Akron, OH 44308 | www.cbre.com/akron<br />
© 2012 <strong>CBRE</strong>, Inc. This information has been obtained from sources believed reliable. We have not verified<br />
it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or<br />
estimates used are for example only and do not represent the current or future performance of the property.<br />
You and your advisors should conduct a careful, independent investigation of the property to determine to your<br />
satisfaction the suitability of the property for your needs.<br />
SITE