Listed by Cushman & Wakefield CRESCO Real Estate
Unpriced
8760 Tyler Boulevard
Details
Property Type Industrial
Square Footage 26,900
Units 18
NOI $68,257
Occupancy 77.9%
Tenancy Multi
Price per SqFt $63
Year Built 1995
Investment Type Value Add
Ground Lease No
Industrial | 26,900 Sq.Ft
Marketing description
Cushman & Wakefield | CRESCO is pleased to present this investment opportunity at 8760 Tyler Boulevard, a 26,900 SF multi-tenant industrial facility located in Mentor, Ohio. This asset stands out as a strategic value-add acquisition with immediate growth potential. The property is positioned along Mentor's core industrial corridor and benefits from a highly supply-constrained market environment. This notable lease-up opportunity provides a built-in value creation pathway through stabilization—unlocking considerable upside in the near- to medium-term.
Investment highlights
- Located on Tyler Blvd, Mentor's primary industrial corridor, home to 300 employers and 7,500 manufacturing jobs..
- Zero new industrial construction in Lake County limits competition, supporting the low 3.8% vacancy rate and driving demand for existing multi-tenant spaces.
- The 26,900 SF property features 17 distinct suites ranging from 1,400 to 3,000 SF, ideal for small-to-mid-sized users with expansion options.
- Immediate access to I-90 and SR-2, processing over 33,000 vehicles daily. Strategically located just 18 miles from the Port of Cleveland.
- Proximity to STERIS, Avery Dennison, and the AWT Transformation Training Center creates a robust B2B network and skilled labor pipeline.
Listing Contacts
Listed by Cushman & Wakefield CRESCO Real Estate
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$68,257.00
$5,688.08/mo
Valuation Metrics
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