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Investment Highlights

  • Located in Valley View's hub park, it offers ample parking and easy access to I-77/I-480.
  • Seller financing available.
  • Lease option to purchase available.

Executive Summary

Property is not ESFR.
Lease with an option to purchase available.
The property also has a 2nd building containing two (2)tenants occupying 20,000 and 25,000 sq.ft. (for a total of an additional 45,000 sq.ft. of space) that may also be purchased on an NOI cap rate basis.
Seller financing available.

Property Facts

Price $5,825,820
Price Per SF $65
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 9.90 AC
Rentable Building Area 89,628 SF
No. Stories 1
Year Built/Renovated 1975/1984
Tenancy Single
Parking Ratio 0.5/1,000 SF
Clear Ceiling Height 24’11”
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 1
Zoning LIGHT INDUSTRY - Light Industrial, non-hazardous (non-ESFR). Property is not ESFR but Landlord would install ESFR (6 - 8 month timeline for installation).

Amenities

  • Skylights
  • Monument Signage

Utilities

  • Lighting - Fluorescent

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 7640
  • 27,550-89,628 SF
  • Industrial
  • Partial Build-Out
  • Now

Ideal warehouse space with 24' clearance. Property is not ESFR but Landlord would install ESFR (6 - 8 month timeline for installation)for an additional $0.50 - $1.00 psf in Base Rent, depending upon final total cost (to be determined based upon the materials to be stored). Lease with an option to purchase is available. Property may also be outright purchased (asking price of $65 psf or $5,825,820). Seller financing is available.

Space Size Space Use Condition Available
1st Fl - 7640 27,550-89,628 SF Industrial Partial Build-Out Now

1st Fl - 7640

Size
27,550-89,628 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Fl - 7640

Size 27,550-89,628 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Ideal warehouse space with 24' clearance. Property is not ESFR but Landlord would install ESFR (6 - 8 month timeline for installation)for an additional $0.50 - $1.00 psf in Base Rent, depending upon final total cost (to be determined based upon the materials to be stored). Lease with an option to purchase is available. Property may also be outright purchased (asking price of $65 psf or $5,825,820). Seller financing is available.

Not walkable
10/100
Exceptionally drivable
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
573-19-002
Land Assessment
$341,320
Improvements Assessment
$637,560
Total Assessment
$978,880
  • Listing ID: 31715188

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 7640 Hub Pky, Valley View, OH 44125

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