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Premier Mfg. Co. 12125 Bennington Ave 209,300 SF 98% Leased Industrial Building Cleveland, OH 44135 For Sale
INVESTMENT HIGHLIGHTS
- 98.21% occupied complex with strong upside
- Well maintained asset, including over $1 million roof replacement over the last 10 years; ±50% of roof with an extended warranty
EXECUTIVE SUMMARY
PROPERTY FACTS
UTILITIES
- Lighting - Fluorescent
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1 | 49,116 SF | Industrial | - | Now |
| 1st Fl - 2 | 11,425 SF | Industrial | - | Now |
| 1st Fl - 5 | 20,150 SF | Industrial | - | Now |
| 2nd Floor | 3,415 SF | Office | - | Now |
1st Fl - 1
| Size |
| 49,116 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 2
| Size |
| 11,425 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 5
| Size |
| 20,150 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 3,415 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 1
| Size | 49,116 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
1st Fl - 2
| Size | 11,425 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
1st Fl - 5
| Size | 20,150 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
2nd Floor
| Size | 3,415 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
This property offers 84,106 SF of divisible space, including 5,281 SF of office area, with clear heights ranging from 15' to 18.5'. Four (4) 9'x10' docks and three (3) drive-in doors measuring 12'x14', 13'x13', and 14'x14'. Lighting includes LED and fluorescent. The building is equipped with an OHD gas/Co-Ray Vac heating system, 800A/480V/3-phase power, and a 3-ton crane. Lease rate: $5.15/SF NNN with estimated NNN costs of $0.50/SF. Below-market operating expenses.
PROPERTY TAXES
| Parcel Number | 020-17-001 | Improvements Assessment | $254,725 CAD |
| Land Assessment | $378,514 CAD | Total Assessment | $633,238 CAD |
PROPERTY TAXES
Presented by
Premier Mfg. Co. | 12125 Bennington Ave
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