34 Executive Dr | Image 1
34 Executive Dr | Image 2
34 Executive Dr | Image 3
34 Executive Dr | Image 4
34 Executive Dr | Image 5
34 Executive Dr | Image 6
34 Executive Dr | Image 7

$565,000

For Sale

18 days ago

MLS® 20260481

0 Bed

0 Bath

--

36 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,292
Days Active 17
Approx. Age 1981
MLS® Number 20260481

Property Address: 34 Executive Dr, Norwalk, OH, 44857-2490

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20260481
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1981
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 20, 2026List Date
$565,000List Price
  • Commute

Commute

Starting Address
Destination Address
34 Executive Dr, Norwalk, OH

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties