LOCATED IN AN OPPORTUNITY ZONE. Minutes from Pinecrest (Cleveland's newest Whole Foods anchored mixed-use district), Eaton's HQ, Cuyahoga Community College, University Hospitals Ahuja Medical Center, Harvard Park, and more. Over 350 feet of frontage on I-271 with a traffic count of more than 130,000 cars on a daily basis. The building sits just north of the fourway interchange of I-271 and I-480/SR-422, allowing access to the north, south, east, and west.
Below-market rents, vacant square footage, and percentage rent through the billboard provides strong upside potential. Overall vacancy rates for warehouse/flex is 6.5%. The market is stable and at its lowest since NGKF has been tracking industrial/flex statistics. Six tenants occupy 86.61% of the building, averaging 7,881 square feet. Suites range from 2,900 square feet up to 14,888 square feet.
Close to Pinecrest, multiple restaurants and freeway access.
Property Document List
Newmark Grubb Knight Frank
1350 Euclid Avenue
Cleveland, OH 44115