Log In/Sign Up
Your email has been sent.
892 Callendar Blvd 68,639 SF Industrial Building Painesville, OH 44077 $8,375,520 CAD ($122.02 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGH-INCOME, URBAN INFILL LOCATION
- ATTRACTIVE 5.85% 10-YR FINANCING
- MAJOR MIDWEST TRANSPORTATION NETWORKS
- 4 5-TON CRANES, 4 DOCKS & LEVELERS & 3 DRIVE-INS
- CLOSE PROXIMITY TO CLEVELAND’S INDUSTRIAL HUB
- POSITIVE RENT GROWTH $393,382 INPLACE NOI
EXECUTIVE SUMMARY
DWG Capital Group, as the exclusive advisor, is pleased to present a new off-market acquisition opportunity: 892 Callendar Blvd., Painesville, Ohio 44077. This 68,639-square-foot warehouse and office combo industrial asset is situated in the Cleveland MSA and is proximate to Pittsburg, Columbus, Indianapolis, Detroit, Fort Wayne, and numerous other thriving markets for immediate strategic delivery to the region and its customer base.
The property will be delivered vacant, offering an exceptional opportunity to acquire a versatile industrial/flex property in a rapidly growing Midwest logistics corridor. Situated on ±10 acres and offering ±68,639 square feet of flexible space, the property is strategically located near I-90 and within close proximity to Cleveland’s thriving industrial market. This prime location provides unparalleled access to regional and national distribution networks, making it an ideal choice for manufacturing, warehousing, or distribution tenants seeking convenience and efficiency.
The property will be delivered vacant, offering an exceptional opportunity to acquire a versatile industrial/flex property in a rapidly growing Midwest logistics corridor. Situated on ±10 acres and offering ±68,639 square feet of flexible space, the property is strategically located near I-90 and within close proximity to Cleveland’s thriving industrial market. This prime location provides unparalleled access to regional and national distribution networks, making it an ideal choice for manufacturing, warehousing, or distribution tenants seeking convenience and efficiency.
PROPERTY FACTS
| Price | $8,375,520 CAD | Rentable Building Area | 68,639 SF |
| Price Per SF | $122.02 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1999 |
| Cap Rate | 6.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.28/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 25’ |
| Building Class | B | No. Dock-High Doors/Loading | 4 |
| Lot Size | 6.73 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1, Painesville Twp - Industrial, Light Industrial | ||
| Price | $8,375,520 CAD |
| Price Per SF | $122.02 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 6.73 AC |
| Rentable Building Area | 68,639 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 0.28/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1, Painesville Twp - Industrial, Light Industrial |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 11-B-064-A-00-019 | Improvements Assessment | $1,920,904 CAD |
| Land Assessment | $105,553 CAD | Total Assessment | $2,026,457 CAD |
PROPERTY TAXES
Parcel Number
11-B-064-A-00-019
Land Assessment
$105,553 CAD
Improvements Assessment
$1,920,904 CAD
Total Assessment
$2,026,457 CAD
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
892 Callendar Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.