Share This Listing

Message

921 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Rare Large Industrial Lease in Cleveland 4437 E 49th St 231,505 SF of Industrial Space Available in Cleveland, OH 44125

Save this listing!

Favourite this listing to get notified of price updates, new media and more

HIGHLIGHTS

  • Ideal property for manufacturing, distribution, or warehouse operations.
  • Excellent investment opportunity with stable tenant demand.
  • Equipped with a combined sprinkler system featuring both wet-pipe sprinklers and ESFR in portions of the building.
  • Convenient location near I-77 and I-480 with easy access to downtown and Cleveland-Hopkins International Airport.
  • Rare opportunity to purchase or lease a large industrial building in Cleveland.
  • Outfitted with a freight elevator, contributing to the convenience of transporting equipment and materials through the building.

FEATURES

Clear Height
34’
Drive In Bays
2
Exterior Dock Doors
9
Standard Parking Spaces
230

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, 2nd Floor
  • 231,505 SF
  • Negotiable
  • $8.38 CAD/SF/YR $0.70 CAD/SF/MO $1,938,975 CAD/YR $161,581 CAD/MO
  • Industrial
  • Full Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 231,505 SF (Contiguous Area):

1st Floor - 191,505 SF
2nd Floor - 40,000 SF

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

  • Lease rate does not include utilities, property expenses or building services
  • 2 Drive Ins
  • Nine docks to space.
  • Clear height ranging from 23'-34'.
  • 6,000-amp heavy power with substation on-site.
  • Includes 11,576 SF of dedicated office space
  • 9 Loading Docks
  • Outfitted with two drive-in doors.
  • 11,576 square feet of office area.
  • Freight elevator to space.
Space Size Term Rental Rate Space Use Condition Available
1st Floor, 2nd Floor 231,505 SF Negotiable $8.38 CAD/SF/YR $0.70 CAD/SF/MO $1,938,975 CAD/YR $161,581 CAD/MO Industrial Full Build-Out Now

1st Floor, 2nd Floor

The 2 spaces in this building must be leased together, for a total size of 231,505 SF (Contiguous Area):

Size
1st Floor - 191,505 SF
2nd Floor - 40,000 SF
Term
Negotiable
Rental Rate
$8.38 CAD/SF/YR $0.70 CAD/SF/MO $1,938,975 CAD/YR $161,581 CAD/MO
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor, 2nd Floor

The 2 spaces in this building must be leased together, for a total size of 231,505 SF (Contiguous Area):
Size
1st Floor - 191,505 SF
2nd Floor - 40,000 SF
Term Negotiable
Rental Rate $8.38 CAD/SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The below-market asking rates make this a compelling option for lease. Additionally, the property is bursting with amenities including two drive-in doors, a freight elevator, and 6,000-amp heavy power.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 11,576 SF of dedicated office space
  • 2 Drive Ins
  • 9 Loading Docks
  • Nine docks to space.
  • Outfitted with two drive-in doors.
  • Clear height ranging from 23'-34'.
  • 11,576 square feet of office area.
  • 6,000-amp heavy power with substation on-site.
  • Freight elevator to space.

PROPERTY OVERVIEW

This 1948-built industrial facility contains over 230,000 square feet for lease or purchase. The location off I-77 provides convenient highway access and visibility. With multiple dock doors and a central Cleveland location, the building is ideal for manufacturing, distribution, or warehouse use. The rare opportunity to acquire such a large facility in the city presents an excellent investment opportunity, as tenant demand remains strong. The below-market asking rates make this a compelling option to own or lease. Additionally, 4437 E 49th is bursting with amenities including nine docks, two drive-in doors, a freight elevator, and 6,000-amp heavy power.

WAREHOUSE FACILITY FACTS

Building Size
231,505 SF
Lot Size
8.60 AC
Year Built
1948
Construction
Masonry
Sprinkler System
Wet
Power Supply
Amps: 6,000
Zoning
IG - Light Industrial

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
135
2 h 32 m
Indianapolis
867,125
312
5 h 50 m
Chicago
2,705,994
350
6 h 34 m
Philadelphia
1,584,138
426
8 h 1 m
New York
8,398,748
460
8 h 46 m
Charlotte
872,498
509
9 h 30 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
899,770
Total Labor Force
449,971
Unemployment Rate
4.73%
Median Household Income
$50,903
Warehouse Employees
72,386
High School Education Or Higher
89.70%
$ values in USD
  • Listing ID: 29300481

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 4437 E 49th St, Cleveland, OH 44125

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}