1200 Babbitt Rd
Euclid, OH 44132
Industriel Propriété À vendre

This offering represents a rare opportunity to acquire a 68,128 SF industrial condominium fully leased to Pollak Food Distributors on a long-term basis. The tenant, a mission-critical user, relies on this facility as its corporate headquarters and primary distribution hub, ensuring operational stability and consistent income for investors. The property features specialized cold-storage infrastructure, including a large freezer, cooler section, and nine fully equipped dock positions, supporting regional distribution needs.
The asset is 100% leased under a triple-net (NNN) structure, with the tenant responsible for taxes, insurance, and maintenance. The current lease commenced in July 2025 and provides over 10 years of remaining term, generating an annual NOI of $304,116 through 2027. Additionally, the landlord is contractually obligated to replace the roof in 2026, delivering a significant capital improvement without added cost to the buyer. Two five-year renewal options further enhance long-term stability.
Located within the Cleveland–Akron industrial market, the property offers immediate access to I-90 and proximity to major logistics hubs, including an Amazon fulfillment center and Lincoln Electric. This combination of strong tenancy, specialized infrastructure, and strategic location makes this an attractive investment for buyers seeking durable income and future upside.