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4375 Glenbrook Rd
Willoughby, OH 44094
STG Logistics · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- STG Logistics Corporate Credit
- Relocation Facility
- Newly Renovated (2023) Facility - Infill Industrial Corridor Along I-90
- Logistics Facility with Paved IOS Space
- NNN Lease
- 3.00% Annual Rental Increases with High Probability of Lease Renewal
EXECUTIVE SUMMARY
Northmarq, on behalf of Ownership as its exclusive advisor is pleased to offer for sale the fee simple interest in the single tenant industrial, logistics & outdoor storage asset located at 4375 Glenbrook Road in Willoughby, Ohio. The asset is comprised of ±5.04 acres, which are paved with concrete aprons, lit, fenced & gated, as well as a ±11,755 SF cross docked logistics building, offering a highly functional layout. The Property is 100% leased to STG Logistics, the #1 largest port-to-door logistics operator in the U.S. with 70+ locations in North America and annual revenue of over $1.5 billion.
PROPERTY FACTS
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7% | Year Built/Renovated | 1992/2023 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Truck Terminal | Clear Ceiling Height | 12’ |
| Building Class | B | No. Dock-High Doors/Loading | 36 |
| Lot Size | 5.04 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 11,755 SF | ||
| Zoning | L-1 | ||
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | B |
| Lot Size | 5.04 AC |
| Rentable Building Area | 11,755 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1992/2023 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 36 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | L-1 |
PROPERTY TAXES
| Parcel Number | 27-A-013-A-00-080 | Improvements Assessment | $371,630 |
| Land Assessment | $153,370 | Total Assessment | $525,000 |
PROPERTY TAXES
Parcel Number
27-A-013-A-00-080
Land Assessment
$153,370
Improvements Assessment
$371,630
Total Assessment
$525,000
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