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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

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