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Executive Summary

Five year lease in place:
Lease term: July 1-June 30, 2029
Annual Rent: $263,499.96 NNN with 2% annual increases.

Property Facts

Price $5,269,875 CAD
Price Per SF $85.03 CAD
Sale Type Investment
Cap Rate 7.16%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 2.73 AC
Rentable Building Area 61,980 SF
No. Stories 1
Year Built 1951
Tenancy Single
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5
Zoning N/Av, Cleveland

Amenities

  • Fenced Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
021-14-003
Land Assessment
$94,141 CAD
Improvements Assessment
$663,611 CAD
Total Assessment
$757,752 CAD
  • Listing ID: 36096873

  • Date on Market: 2025-06-03

  • Last Updated:

  • Address: 12201 Elmwood Ave, Cleveland, OH 44111

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