4350 Renaissance Pkwy, Warrensville Heights, OH
Completed Deal - Sold· 51,759 SF Available
|Property Name||Parkway Business Plaza II|
|Available Area||Suite 3- 2,900 SF or Suite 5-7,313 SF|
- 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.
This property is no longer available.
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