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Property Description

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.

Features
Waterfront:
No
Address Map
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
MLS Addon
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

6,107 Sqft
$565,000
Listing ID #20260481
Basic Details
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
Agent info
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