824 East 222nd Street
Industrial | 3,944 SqFt
Marketing description
Offered to the market for the first time in years, 824 East 222nd Street is a freestanding ±3,944-square-foot industrial flex building that pairs an exceptionally finished, headquarters-quality office with a heated, high-clear warehouse — the exact combination today's owner-users and investors seek and rarely find at this size.
Positioned moments from Interstate 90 in Euclid, the property delivers immediate regional connectivity for contractors, service businesses, trades, distribution and light-industrial operators. A new roof, fresh exterior paint and a turnkey interior mean a buyer can take occupancy on day one with minimal deferred maintenance.
Whether acquired as an owner-user headquarters, a contractor or service-business base, or held as stabilized income through a sale-leaseback, the asset offers flexibility few small industrial buildings can match. Sub-5,000 SF inventory across Greater Cleveland remains critically scarce — buildings of this quality seldom reach the open market.
Investment highlights
- Scarce Small-Bay Inventory - Sub-5,000 SF industrial supply across Greater Cleveland is critically constrained.
- Strong Owner-User Demand - Trades, contractors and service firms compete aggressively for turnkey space.
- Efficient Office-to-Warehouse Ratio - A ~43% office / ~57% warehouse split suits a wide range of tenant profiles.
- Highway Visibility & Access - Immediate proximity to I-90 drives logistics efficiency and brand exposure.
- Well-Maintained & Move-In Ready - New roof and exterior paint; clean, modern, professionally finished interior.
- Minimal Deferred Maintenance - Major capital items recently addressed, reducing near-term ownership cost.
- Below Replacement Cost - Acquisition basis sits well under the cost to build comparable space today.
- Multi-Industry Flexibility - Suits distribution, light manufacturing, fleet, showroom and service uses.
- Durable Future Leasing Demand - Small heated flex space commands steady tenant interest and rent growth.
- Sale-Leaseback Potential - A stabilized NNN lease converts the asset into passive, income-producing yield.
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