4350 Renaissance Warrensville Heights, OH

$8.50/SF MG · 51,759 Sq. Ft.

4350 Renaissance main
4350 Renaissance docks
4350 Renaissance aerial

Property Details

Property Name Parkway Business Plaza II
Submarket Southeast
Year Built 1988
Ceiling Height 16'
Parking 300
Available Area Suite 3- 2,900 SF or Suite 5-7,313 SF
Taxes $1.71
CAM $1.14
Operating Expenses $3.29

 

  • 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.

Contact Information

Terry Coyne
Vice Chairman
Newmark Knight Frank
1300 E 9th St. Suite 105,
Cleveland, OH 44115

(216) 453-3001

tcoyne@ngkf.com