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Cleveland Bottle Supply 12201 Elmwood Ave 61,980 SF Industrial Building Cleveland, OH 44111 $3,750,000 ($60.50/SF) 7.16% Cap Rate
Executive Summary
Five year lease in place:
Lease term: July 1-June 30, 2029
Annual Rent: $263,499.96 NNN with 2% annual increases.
Lease term: July 1-June 30, 2029
Annual Rent: $263,499.96 NNN with 2% annual increases.
Property Facts
| Price | $3,750,000 | Rentable Building Area | 61,980 SF |
| Price Per SF | $60.50 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1951 |
| Cap Rate | 7.16% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 2.73 AC | ||
| Zoning | N/Av, Cleveland | ||
| Price | $3,750,000 |
| Price Per SF | $60.50 |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.73 AC |
| Rentable Building Area | 61,980 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | N/Av, Cleveland |
Amenities
- Fenced Lot
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 021-14-003 | Improvements Assessment | $472,220 |
| Land Assessment | $66,990 | Total Assessment | $539,210 |
Property Taxes
Parcel Number
021-14-003
Land Assessment
$66,990
Improvements Assessment
$472,220
Total Assessment
$539,210
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Cleveland Bottle Supply | 12201 Elmwood Ave