Listed by CBRE - Cleveland
$1,435,000
8101 Union Avenue
Details
APN 127-04-007
Property Type Industrial
Sub Type Distribution
Square Footage 18,400
NOI $120,000
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 12/31/2035
Rent Bumps Yes
Price per SqFt $78
Acreage 8.000
Investment Type Net Lease
Lease Commencement 01/01/2026
Industrial | 18,400 SqFt
Marketing description
CBRE, Inc. as the exclusive advisor, is pleased to present 8101 Union Avenue ("The Property") for sale to qualified buyers. Located in Cleveland, this single-tenant 18,400 SF industrial facility sits on 8 acres and is minutes away from major highways and interstates. The Property has been occupied by KAG Leasing Inc., who has been a tenant since 2010 and recently signed a 10-year renewal lease with 3% annual increases.
Investment highlights
- New 10-year, NNN lease commences 1/1/2026
- Ability to expand – total site is 8.0 acres
- Close proximity to major highways – minutes from I-77, I-480 and I-90
- Opportunity to acquire at well-below replacement cost
- 4 drive-in doors
- Strong tenant with a history of a successful operation
- Annual Rent of $120,000.00 ($6.52/SF)
Listing Contacts
Listed by CBRE - Cleveland
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
8.36%
Cap Rate
8.36%
ROI
Map
Zoning
GI-B3 IndustrialGeneral Industry
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View all 113 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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