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Tech Park II 8370 Dow Cir
56,362 SF 100% Leased Office Building Strongsville, OH 44136 $4,570,000 ($81/SF)
Investment Highlights
- Beautifully-finished modern offices available for sale or lease in a strong suburban office market.
- Recent improvements include a new roof in 2018, new windows, new parking lot, and new HVAC systems.
- 7.23 acres of land with approximately 270 parking spaces and the ability to add more.
- Potential income available with a sale-leaseback of approximately 20,000 SF.
- Two on-site generators, a redundant fiber internet service, multiple loading doors, multiple conference rooms, training rooms, break rooms and more.
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Beautifully-finished modern offices available for sale or lease in a strong suburban office market. Potential income available with a sale-leaseback of approximately 20,000 SF. Recent improvements include a new roof in 2018, new windows, new parking lot, and new HVAC systems. The property features two on-site generators, a redundant fiber internet service, multiple loading doors, multiple conference rooms, training rooms, break rooms and more. 7.23 acres of land with approximately 270 parking spaces and the ability to add more. Excellent access to a highly skilled workforce with an average household income of $106,084 within 1 mile. Located off of W Sprague Road with over 12,000 vehicles per day. Minutes from I-71 which connects Cleveland and Columbus and offers excellent access to the Cleveland Hopkins International Airport. Zoned for RD - Research & Development which allows for a variety of uses including offices, laboratories, and product assembly.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 20,000-56,362 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 20,000-56,362 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 20,000-56,362 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Beautifully-finished modern offices available for sale or lease in a strong suburban office market. Potential income available with a sale-leaseback of approximately 20,000 SF. Recent improvements include a new roof in 2018, new windows, new parking lot, and new HVAC systems. The property features two on-site generators, a redundant fiber internet service, multiple loading doors, multiple conference rooms, training rooms, break rooms and more. 7.23 acres of land with approximately 270 parking spaces and the ability to add more. Excellent access to a highly skilled workforce with an average household income of $106,084 within 1 mile. Located off of W Sprague Road with over 12,000 vehicles per day. Minutes from I-71 which connects Cleveland and Columbus and offers excellent access to the Cleveland Hopkins International Airport. Zoned for RD - Research & Development which allows for a variety of uses including offices, laboratories, and product assembly.
PROPERTY TAXES
| Parcel Number | 395-12-006 | Improvements Assessment | $1,378,480 |
| Land Assessment | $174,370 | Total Assessment | $1,552,850 |
PROPERTY TAXES
-
Conor Coakley -
Cole Sorenson -
Cushman & Wakefield | CRESCO Real Estate
Presented by
Tech Park II | 8370 Dow Cir
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