4350 Renaissance Pkwy, Warrensville Heights, OH

Completed Deal - Sold

· 51,759 SF Available

4350 Renaissance main
4350 Renaissance docks
4350 Renaissance aerial

Property Details

Property NameParkway Business Plaza II
SubmarketSoutheast
Year Built1988
Ceiling Height16'
Parking300
Available AreaSuite 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.

Completed Deal


This property is no longer available.

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