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Investment Highlights

  • Long-Duration, Passive Industrial Income
  • Mission-Critical, Rail-Dependent Operations
  • Strategic Portfolio Diversification with Operational Hierarchy
  • Absolute NNN Lease Structure
  • Embedded Inflation Protection

Executive Summary

Northmarq is pleased to exclusively offer qualified investors the opportunity to acquire a portfolio of four industrial service properties located in the Cleveland and St. Louis metros. The Properties are master leased to R.E.L.A.M., Inc. ("RELAM") a leading lessor of railroad maintenance-of-way (“MOW”) equipment. The properties are backed by long-term Absolute NNN leases, and are strategically located with excellent access to major highways and interstates.
In Association with:
Ryan Roedersheimer, OH Lic #BRKP.2021000840
Mark Hellwig, IL Lic #471018330

Property Facts

Price $15,493,000
Price / SF $221.52 / SF
Cap Rate 7.50%
Sale Type Investment NNN
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 69,939 SF
Total Land Area 20.34 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1900 Missouri Ave, Granite City, IL 62040 Industrial 40,769 SF - -
Silver Arrow
7730 Bond St, Glenwillow, OH 44139
Industrial 13,170 SF 1950 -
Acme Construction
7695 Bond St, Solon, OH 44139
Industrial 10,000 SF 1972 -
7625 Bond St, Solon, OH 44139 Industrial 6,000 SF 1972 -
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  • Listing ID: 41460289

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: RELAM Portfolio, Solon, OH

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