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5335 Avion Park Dr 75,167 SF 80% Leased Industrial Building Highland Heights, OH 44143 For Sale

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Executive Summary

Located at 5335 Avion Park Drive, this investment opportunity offers durable cash flow anchored by long-term, credit-worthy tenancy in a strategic Northeast Ohio location. The property is 81% leased to Stanley Black & Decker, an investment-grade public company (S&P: A), which occupies approximately 60,000 square feet and has operated in the building since 2002 with lease expiration in February 2030. Overall tenancy averages more than 18 years, reflecting the property’s stability and tenant retention. The climate-controlled warehouse features full HVAC infrastructure that is critical to tenant operations, while a NNN lease structure and roof warranty through 2037 limit capital exposure for ownership. Positioned adjacent to Cuyahoga County Airport with convenient access to Interstate 271 and Interstate 90, the asset benefits from strong regional connectivity and access to a skilled workforce. Despite recent market normalization, industrial fundamentals remain resilient with asking rents near historic highs, supporting long-term value and income stability.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 8.64 AC
Rentable Building Area 75,167 SF
No. Stories 1
Year Built 1994
Parking Ratio 2.31/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning PCM - Park-Commercial-Manufacturing

Amenities

  • Air Conditioning

Utilities

  • Lighting - LED
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

Welcome to PrizMED Imaging, the industry's leading provider of full-service, turn-key, MRI equipment and CT scanner procurement.

  • Manufacturing
  • -
  • -
  • -

When it comes to automatic door openings, STANLEY is setting the standard for tough, dependable, long-lasting performance. Since they invented the first swing door operator in 1932, they’ve grown into the largest manufacturer, installer and service provider of automatic doors in North America. From engineering and development, to product delivery and quality, STANLEY is constantly moving forward with innovative solutions you can depend on. As a service customer, you will receive the expertise of the industry’s largest and most experienced automatic door service provider in North America. You can be assured your equipment is kept in top operating condition, planned maintenance is completed as required, parts replacement meet manufacturer’s specification, and all activity is appropriately documented thereby minimizing your liability exposure.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -
Manufacturing - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 15,167 SF
  • Flex
  • -
  • Now

This property offers 7,000 SF of fully air-conditioned and sprinklered warehouse space along with 8,167 SF of office space. It is located next to the Cuyahoga County Airport and just minutes from I-271 and I-90. The site is conveniently close to shopping, dining, and lodging amenities on Wilson Mills Road and is near a highly skilled workforce.

Space Size Space Use Condition Available
1st Floor 15,167 SF Flex - Now

1st Floor

Size
15,167 SF
Space Use
Flex
Condition
-
Available
Now

1st Floor

Size 15,167 SF
Space Use Flex
Condition -
Available Now

This property offers 7,000 SF of fully air-conditioned and sprinklered warehouse space along with 8,167 SF of office space. It is located next to the Cuyahoga County Airport and just minutes from I-271 and I-90. The site is conveniently close to shopping, dining, and lodging amenities on Wilson Mills Road and is near a highly skilled workforce.

Property Taxes

Property Taxes

Parcel Number
821-03-001
Land Assessment
$328,722 CAD
Improvements Assessment
$1,449,781 CAD
Total Assessment
$1,778,503 CAD
  • Listing ID: 39712627

  • Date on Market: 2026-03-09

  • Last Updated:

  • Address: 5335 Avion Park Dr, Highland Heights, OH 44143

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