• American Self Storage - 2913 Vera Way, Lima, OH 45805

For Sale

Industrial

For Sale

This property is available for sale
9.6
Acres
$7,000,000
Sale Price
  • Total Building Size
    106,050 RSF
  • Overview

    Lima is the county seat of Allen County, Ohio. It is located in northwestern Ohio along Interstate 75, approximately 72 miles north of Dayton and 78 miles south-southwest of Toledo. According to the 2010 U.S. Census, the Allen County population was 106,331. Lima is home to the 3 campuses and over 12,000 college students: The University of Northwestern Ohio, James A. Rhodes State College and The Ohio State University, Lima Campus. Lima was ranked top 10 most affordable small cities by CNN Money" The Lima Field, first discovered in 1885, has been a functioning oil reserve since its discovery and has been under the control of a number of domestic and international companies. The Lima Army Tank Plant, built in 1941, is the sole producer of M1 Abrams, a third-generation main battle tank produced in the United States. Lima's largest fields of employment are energy and healthcare and it is considered a regional medical center. The city's two hospitals, St. Rita's Medical Center and Lima Memorial Hospital, serve a 10- county area of northwest and central Ohio and employ approximately 5,500 people. Major employers in the Lima area include Ford Motor Co., Lima Engine Plant, General Dynamics Land Systems Division, Roundy's Ohio Division, Dana Corp., Meccorp, Inc., and Meijer, Inc. The Procter & Gamble plant was built in 1968 and the 1.2 million SF distribution center was completed in 2006. Final Phase construction on American Self Storage was Just completed Summer 2019 and occupancy has quickly reached 87% on this 106,050 SF Self Storage Property. The property has a lighted marquis sign, 2 electronic gates and is paved and fully fenced. Rates are below market and there are no administrative fees or tenant insurance program. Possible corner lot could be included for a much needed parking or climate control expansion. The property is located on a prime retail site by the Regal Cinema and is close to the Lima Mall, Downtown Lima, and The University of Northwest Ohio. Included in the sale is a high-traffic Pennzoil and 5-bay car wash with new credit card system for easy management. Drive By traffic counts are approximately 10,000+ cars per day and the property is surrounded by high density condos, houses, and apartments.

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Property Details

Lima is the county seat of Allen County, Ohio. It is located in northwestern Ohio along Interstate 75, approximately 72 miles north of Dayton and 78 miles south-southwest of Toledo. According to the 2010 U.S. Census, the Allen County population was 106,331. Lima is home to the 3 campuses and over 12,000 college students: The University of Northwestern Ohio, James A. Rhodes State College and The Ohio State University, Lima Campus. Lima was ranked top 10 most affordable small cities by CNN Money" The Lima Field, first discovered in 1885, has been a functioning oil reserve since its discovery and has been under the control of a number of domestic and international companies. The Lima Army Tank Plant, built in 1941, is the sole producer of M1 Abrams, a third-generation main battle tank produced in the United States. Lima's largest fields of employment are energy and healthcare and it is considered a regional medical center. The city's two hospitals, St. Rita's Medical Center and Lima Memorial Hospital, serve a 10- county area of northwest and central Ohio and employ approximately 5,500 people. Major employers in the Lima area include Ford Motor Co., Lima Engine Plant, General Dynamics Land Systems Division, Roundy's Ohio Division, Dana Corp., Meccorp, Inc., and Meijer, Inc. The Procter & Gamble plant was built in 1968 and the 1.2 million SF distribution center was completed in 2006. Final Phase construction on American Self Storage was Just completed Summer 2019 and occupancy has quickly reached 87% on this 106,050 SF Self Storage Property. The property has a lighted marquis sign, 2 electronic gates and is paved and fully fenced. Rates are below market and there are no administrative fees or tenant insurance program. Possible corner lot could be included for a much needed parking or climate control expansion. The property is located on a prime retail site by the Regal Cinema and is close to the Lima Mall, Downtown Lima, and The University of Northwest Ohio. Included in the sale is a high-traffic Pennzoil and 5-bay car wash with new credit card system for easy management. Drive By traffic counts are approximately 10,000+ cars per day and the property is surrounded by high density condos, houses, and apartments.

  • Property Type
    Industrial
  • Sale Price
    $7,000,000
  • Total Building Size
    106,050RSF
  • Total Acres
    9.6
  • Sale Status
    Available
  • Property ID
    2150887

Landlord's Sales Representatives

  • Kristen Asman
    SVN | Wilson Commercial Group, LLC
     
  • Nick Malagisi
    SVN Commercial Real Estate Advisors