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26419274
26419394

5200 Harvard Ave, Newburgh Heights, OH 44105

EK
OH OH SAL.2003003809
Cushman & Wakefield CRESCO Real Estate
Listed by Cushman & Wakefield CRESCO Real Estate
$1,950,000
289 days on market
Updated 22 days ago

5200 Harvard Avenue

Details
APN 511-14-009 & 522-02-005
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 50,068
Net Rentable (SqFt) 57,068
Units 1
Cap Rate 6.83%
NOI $133,162
Occupancy 100%
Brand/Tenant Clecorr Packaging, Inc.
Broker Co-Op Yes
Class C
Year Built 1925 with expansions
Buildings 1
Stories 2
Acreage 3.200
Zoning General Industrial
Investment Type Stabilized
Occupancy Date 01/01/2026
Ceiling Height 14'-18'
Loading Docks 8
Dock High Doors 8
Ownership Weston Inc.
Sale Condition For sale by owner

Industrial | 6.83% CAP | 50,068 SqFt

Marketing description

Investment Opportunity in Newburgh Heights
Explore the potential of 5200 Harvard Avenue, a prime industrial property located in Newburgh Heights, OH. Boasting a total of 50,068 SF, this masonry-constructed building offers modern amenities and a strong leasing history. Renovated in 2025, the property sits on a spacious 3.2-acre lot and features a flat EPDM roof, ample parking, and convenient access with 6 internal docks. With a 100% wet sprinkler system, T5 motion sensor lighting, and overhead gas heating, it provides a comfortable and efficient workspace for tenants. The location offers high demand and connectivity to major interstates, making it an attractive investment opportunity. Don't miss out on this fully leased property with potential upside in a thriving industrial market in Northeast Ohio.

Investment highlights

100% leased

Below market rates - upside potential

High-demand location with manufacturing amenities

3.4% industrial vacancy rate in Northeast Ohio

Northeast Ohio ranks in the Top 10 largest industrial markets in the United States

Listing Contacts

EK
OH OH SAL.2003003809
Cushman & Wakefield CRESCO Real Estate
Listed by Cushman & Wakefield CRESCO Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$133,162.00
$11,096.83/mo

Valuation Metrics

0
DSCR
6.83%
Cap Rate
6.83%
ROI

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Additional Information

Name
Eliot Kijewski
License
OH SAL.2003003809
Brokerage Phone
216.520.1469
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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