EXCELLENT INVESTMENT OPPORTUNITY – 12%+ CAP RATEPrime Medical/Office Building | Norwalk’s South SidePositioned in the highly desirable Executive Estates Subdivision on Norwalk’s south side, this multi-unit medical/office building presents a rare opportunity for investors seeking strong cash flow and long-term stability.✔ Fully Leased to Top-Tier Single Tenant✔ Lease Commencing June 1, 2026✔ 5-Year Variable Index Lease Term✔ Additional 5-Year Renewal Option (Through May 2036)✔ 12%+ CAP RateThe property offers a functional and professional layout ideal for medical or professional office use. It has been well maintained and provides dependable income backed by a quality tenant.Lease Highlights:Variable index lease structureTenant responsibilities: Taxes, Insurance, UtilitiesLandlord responsibilities: Maintenance/Repair of Building, HVAC, Common Areas Stable, long-term tenancy with renewal optionStrategic Regional LocationConveniently situated within approximately one hour of Cleveland and Toledo, and under two hours from Columbus, this property benefits from excellent regional accessibility while serving the growing Norwalk market.This is a turnkey investment opportunity offering strong returns, reliable tenancy, and long-term upsidean outstanding addition to any commercial real estate portfolio.
- Waterfront:
- No
- Country:
- US
- County:
- Huron
- City:
- Norwalk
- Zipcode:
- 44857
- Street:
- Executive
- Street Number:
- 34
- Street Suffix:
- Drive
- Longitude:
- E0° 0' 0''
- Latitude:
- N0° 0' 0''
- Directions:
- US RTE 250 N to Executive Drive
- Office Name:
- RE/MAX Quality Realty - Norwalk
- Agent Name:
- Frank Van Dresser
- Property Subtype 1:
- Office
- Listing Agent MLS ID:
- VANDRESSERJR
- Listing Office MLS ID:
- F22102
- Parcel ID:
- 33004B010242300
- Area:
- N/A
- Status Date:
- 20/02/2026
Commercial For Sale
34 Executive Drive, Norwalk, 44857
- Property Type :
- Commercial
- Listing Type :
- For Sale
- Listing ID :
- 20260481
- Price :
- $565,000
- Square Footage :
- 6,107 Sqft
- Year Built :
- 1981
- Lot Area :
- 0.76 Acre
- Status :
- Active
