7% Cap Industrial Manufacturing Absolute NNN

7% Cap Industrial Manufacturing | Cleveland, OH


Sands Investment Group is Pleased to Present Exclusively For Sale the 91,345 SF 7% Cap Industrial Manufacturing Absolute NNN Asset Located at 4465 Johnston Parkway in Cleveland, OH. This Deal Includes a Highly Desirable Triple Net (NNN) Lease Structure With Zero Landlord Responsibilities, Providing For a Unique Investment.

  • Erieview Metal Treating Company Offers a Broad Range of Standard and Specialty Finishes Including Organic Coatings; The Company Meets the Toughest Industry Specifications For Fasteners, Stampings, Die-Cast, Machined and Cold-Formed Parts
  • 91,345 SF, 5.90 Acres, Class B Manufacturing Building (Masonry Construction); 17’2′ Clear Height; 6 Dock High Doors; 1 Grade-Level Drive-In Door; Sprinklers – Built-in 1985 and Renovated in 2001
  • 5 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities; 1 X 5-Year Option to Renew
  • Easily Accessible to Major Interstates Throughout the Mid-West (I- 490, I-480, I-271, I-90, I-80, I-77, I-71)
  • 19 Min (16.9-Miles) to Cleveland Hopkins International Airport; 19 Minutes (9.1-Miles) to Downtown Cleveland, OH
  • 21 Minutes (10.0-Miles) to the Port of Cleveland
  • The Port of Cleveland is One of the Largest Ports on the Great Lakes; Over 20,000 Jobs and $3.5 Billion in Annual Economic Activity Are Tied to the Roughly 13 Million Tons of Cargo That Move Through Cleveland Harbor Each Year

In Cooperation With ParaSell, Inc., A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Dollar General

 

  • Absolute Triple Net (NNN) Lease
  • Brand New 2016 All Brick Construction
  • Corporate Guaranty from Investment Grade Tenant
  • 10% Rental Increases in Option Periods
  • Passive Investment Ideal for Out-of-State Investors
  • Ideally Situated with Excellent Demographics in Excess of 230,000 Residents Within a 5 Mile Radius
  • Located 3.5 Miles from Cleveland State University with an Enrollment of Over 17,000 Students and 2.5 Miles from Case Western Reserve University with Over 18,000 Students, Faculty and Staff
  • Close Proximity to the Heart of Downtown Cleveland Which Includes Several Tourist & Local Destinations Such as: The Iconic Rock & Roll Hall of Fame, Quicken Loans Arena (Home of the 2016 NBA Champions Cleveland Cavaliers) and Progressive Field (Home of the 2016 American League Champions Cleveland Indians)
  • In Cooperation with Cooper Commercial Investment Group, LLC BoR: Dan Cooper Lic # 2009003618