This Industrial Property is no longer advertised on LoopNet.com.

8001 Old Granger Rd
Garfield Heights, OH 44125
7901-8001 Old Granger Road · Industrial Property For Sale

Investment Highlights

  • 4.62 acre industrial outdoor storage (IOS) location fully leased with a 10-Year Corporate Lease with United Rentals (NYSE: URI)
  • Two (2) 10-Year Leases on Site; One Triple Net (NNN) and One Double Net (NN)
  • 6.48% cap rate on in-place income
  • United Rentals Is the World’s Largest Equipment Rental Company and A Fortune 500 Company
  • Approximately 2.1% Yearly Increases in Rent Throughout 10-Year Term and renewal period

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class C
Lot Size 2.48 AC
Rentable Building Area 8,882 SF
No. Stories 1
Year Built 1955
Tenancy Single
No. Drive In / Grade-Level Doors 4
Zoning U-11B - Industrial Outdoor Storage- difficult zoning to find!

Amenities

  • Fenced Lot
  • Yard
  • Storage Space

Property Taxes

Property Taxes

Parcel Number
542-04-002
Land Assessment
$79,200
Improvements Assessment
$320,800
Total Assessment
$400,000
  • Listing ID: 31114187

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 8001 Old Granger Rd, Garfield Heights, OH 44125

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