7711 E Pleasant Valley Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7711 E Pleasant Valley Rd
670,702 SF 100% Leased Industrial Building Independence, OH 44131 $50,000,000 ($75/SF)
Investment Highlights
- 7711 E Pleasant Valley Road is a 670,702 SF industrial building with over 500,000 SF of warehouse space and close to 100,000 SF of office space.
- Equipped with over 200 allocated parking spaces on-site providing excellent commuter convenience.
- Building features are perfect for high-volume operations, with 18 shipping bays, 29 docks, five drive-ins, & a ceiling height ranging from 18-45 feet.
- Situated in a premier Independence, Ohio suburban location with immediate access to Interstate 77 and proximate to community amenities.
Executive Summary
7711 E Pleasant Valley Road offers the unique opportunity to acquire an incredibly sizable industrial building with excellent highway connectivity and desirable specs in a park-like setting. This 670,702-square-foot warehouse, formerly Kichler Lighting's corporate headquarters for over 30 years, contains over 500,000 square feet of warehouse space and close to 100,000 square feet of office space. The estimated operating expenses for the building are $2 per square foot.
The property boasts an efficient layout, 480-volt 3-Phase power supply, and is fully outfitted for high-volume operations with an 18 to 45-foot clear height, 18 shipping bays, 29 docks, and five drive-ins, ideal space for a call center or operations center. New ownership can occupy up to 189,021 square feet. Tenants have access to the building's cafeteria, which serves breakfast and lunch and will also cater events, a fitness center, a private courtyard area, and over 200 allocated parking spaces.
Located in a coveted southern suburban location, 7711 E Pleasant Valley Road offers superior freeway access and convenience to surrounding neighborhood amenities. The property is minutes from Interstate 77, providing a seamless connection to Downtown Cleveland, Interstate 80, and beyond. 7711 E Pleasant Valley Road is primed to offer an ideal investment opportunity.
The property boasts an efficient layout, 480-volt 3-Phase power supply, and is fully outfitted for high-volume operations with an 18 to 45-foot clear height, 18 shipping bays, 29 docks, and five drive-ins, ideal space for a call center or operations center. New ownership can occupy up to 189,021 square feet. Tenants have access to the building's cafeteria, which serves breakfast and lunch and will also cater events, a fitness center, a private courtyard area, and over 200 allocated parking spaces.
Located in a coveted southern suburban location, 7711 E Pleasant Valley Road offers superior freeway access and convenience to surrounding neighborhood amenities. The property is minutes from Interstate 77, providing a seamless connection to Downtown Cleveland, Interstate 80, and beyond. 7711 E Pleasant Valley Road is primed to offer an ideal investment opportunity.
Property Facts
| Price | $50,000,000 | Rentable Building Area | 670,702 SF |
| Price Per SF | $75 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1974/2006 |
| Property Type | Industrial | Parking Ratio | 0.62/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 45 FT |
| Building Class | B | No. Dock-High Doors/Loading | 29 |
| Lot Size | 38.83 AC | No. Drive In / Grade-Level Doors | 5 |
| Price | $50,000,000 |
| Price Per SF | $75 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 38.83 AC |
| Rentable Building Area | 670,702 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2006 |
| Parking Ratio | 0.62/1,000 SF |
| Clear Ceiling Height | 45 FT |
| No. Dock-High Doors/Loading | 29 |
| No. Drive In / Grade-Level Doors | 5 |
Amenities
- Courtyard
- Fitness Center
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Previously the corporate headquarters of Kichler Lighting for over 30 years, this property has the framework to support a single tenant looking for a regional headquarters, as well as the versatility to fit multiple tenants looking for a smaller space. Blended rate of $4.25/psf - negotiable.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 80,000-189,021 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 80,000-189,021 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 80,000-189,021 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Previously the corporate headquarters of Kichler Lighting for over 30 years, this property has the framework to support a single tenant looking for a regional headquarters, as well as the versatility to fit multiple tenants looking for a smaller space. Blended rate of $4.25/psf - negotiable.
DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
130
2 h 26 m
Indianapolis
867,125
308
5 h 44 m
Chicago
2,705,994
352
6 h 36 m
Philadelphia
1,584,138
422
7 h 55 m
New York
8,398,748
456
8 h 39 m
Charlotte
872,498
504
9 h 25 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
689,898
Total Labor Force
342,334
Unemployment Rate
4.40%
Median Household Income
$56,342
Warehouse Employees
59,455
High School Education Or Higher
90.40%
PROPERTY TAXES
| Parcel Number | 564-08-001 | Improvements Assessment | $3,477,180 |
| Land Assessment | $988,820 | Total Assessment | $4,466,000 |
PROPERTY TAXES
Parcel Number
564-08-001
Land Assessment
$988,820
Improvements Assessment
$3,477,180
Total Assessment
$4,466,000
zoning
| Zoning Code | U-5A (Light Industrial) |
| U-5A (Light Industrial) |
1 of 26
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
7711 E Pleasant Valley Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.