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Industrial Flex Building 5060-5068 Corbin Dr 29,166 SF 100% Leased Industrial Building Bedford Heights, OH 44128 $3,053,182 CAD ($104.68 CAD/SF) 8.20% Cap Rate
Investment Highlights
- Fully Occupied Flex Building: 100% occupied flex building with a strong tenant mix.
- Prime Logistics Location: Located in Bedford Heights, the property has convenient, direct access to I-480 and I-271, supporting logistics
- Rising Demand for Flex Space: The flex industrial segment offers a mix of office, warehouse, and light manufacturing—has seen rising demand post-COVID
- Functional Industrial Features: The building features like dock door (1), ample clear height (18’), and three-phase power
- Active Industrial Market: Bedford Heights remains an active industrial/flex market with ongoing interest from users and investors
Executive Summary
Broker of Record
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $3,053,182 CAD | Rentable Building Area | 29,166 SF |
| Price Per SF | $104.68 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1971/2008 |
| Cap Rate | 8.20% | Parking Ratio | 1.03/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 2.13 AC | Opportunity Zone |
Yes
|
| Zoning | IND | ||
| Price | $3,053,182 CAD |
| Price Per SF | $104.68 CAD |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.13 AC |
| Rentable Building Area | 29,166 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2008 |
| Parking Ratio | 1.03/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | IND |
Amenities
- Fenced Lot
Utilities
- Lighting - Fluorescent
- Gas
- Water
- Sewer
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Arco Comfort Air Llc
- Construction
- -
- -
- -
- Courtad-dalton
- Construction
- -
- -
- -
- Gomillion Construction
- Construction
- -
- -
- -
- Structured Network Systems Inc
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Arco Comfort Air Llc | Construction | - | - | - | ||
| Courtad-dalton | Construction | - | - | - | ||
| Gomillion Construction | Construction | - | - | - | ||
| Structured Network Systems Inc | Retailer | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 791-06-027 | Improvements Assessment | $366,974 CAD |
| Land Assessment | $82,934 CAD | Total Assessment | $449,908 CAD |
Property Taxes
Parcel Number
791-06-027
Land Assessment
$82,934 CAD
Improvements Assessment
$366,974 CAD
Total Assessment
$449,908 CAD
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Industrial Flex Building | 5060-5068 Corbin Dr
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