Listed by Matthews
$2,200,000
Industrial Flex Building
Details
APN 791-06-027
Property Type Industrial, Office
Sub Type Flex, Manufacturing
Square Footage 29,166
Cap Rate 8.2%
NOI $180,442
Tenancy Multi
Remaining Term 3
Price per SqFt $74
Year Built 1971
Buildings 1
Stories 2
Acreage 2.130
Ceiling Height 18'
Loading Docks 1
Fully Occupied Flex Building | Functional Industrial Features
Investment highlights
- Fully Occupied Flex Building: 100% occupied flex building with a strong tenant mix.
- Functional Industrial Features: The building features like dock door (1), ample clear height (18’), and three-phase power — that support a broad range of tenants.
- Prime Logistics Location: Located in Bedford Heights, the property has convenient, direct access to I-480 and I-271, supporting logistics and tenant ease of movement for goods and workforce — a key driver for industrial leasing demand.
- Active Industrial Market: Bedford Heights remains an active industrial/flex market with ongoing interest from users and investors, due in part to proximity to the greater Cleveland area and regional distribution networks.
- Rising Demand for Flex Space: The flex industrial segment offers a mix of office, warehouse, and light manufacturing—has seen rising demand post-COVID due to supply chain realignment and e-commerce support.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,442.00
$15,036.83/mo
Valuation Metrics
0
DSCR
8.2%
Cap Rate
8.2%
ROI
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