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1400 Brookpark Rd

31,000 SF 100% Leased Industrial Building Cleveland, OH 44109 $1,301,334 ($42/SF) 7.50% Cap Rate

Investment Highlights

  • Great investment opportunity, leased until 2031.
  • Surrounded by thriving industrial business.
  • Building has brand new roof.

Executive Summary

Fortis Net Lease is pleased to present a prime investment opportunity in the heart of Cleveland, Ohio. This 31,000 SF industrial property boasts full occupancy, presenting a compelling and secure income stream for a savvy investor. Situated in a highly sought-after area for
industrial and manufacturing operations, the property offers a strong foundation for long-term success. With a robust and reliable tenant
base already in place, this asset provides an immediate income generating opportunity. Don't miss out on this exceptional industrial
investment in a dynamic market!

Property Facts

Price $1,301,334
Price Per SF $42
Sale Type Investment
Cap Rate 7.50%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 2.62 AC
Rentable Building Area 31,000 SF
No. Stories 1
Year Built 1956
Parking Ratio 4.29/1,000 SF
Clear Ceiling Height 22 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 7

Amenities

  • Property Manager on Site

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-15-026
Land Assessment
$149,000
Improvements Assessment
$15,510
Total Assessment
$164,500

zoning

Zoning Code B-3 (Semi & General Industry)
B-3 (Semi & General Industry)
  • Listing ID: 33301636

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 1400 Brookpark Rd, Cleveland, OH 44109

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