9755 Corporate Cir - Manufacturing FOR SALE


Valley View, OH 44125
$7,531,000 USD
949-698-1115
9755 Corporate Cir, Valley View, OH for Sale
$7,531,000 USD
Manufacturing - FOR SALE
1/8
null | 7% Cap Rate

9755 Corporate Cir
Valley View, OH 44125


HIGHLIGHTS

  • Approximately 6 Years Remaining | Corporate Guaranteed | 2% Annual Rental Increases
  • NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Interstate 480 (169,600 VPD) | Garfield Commons (317,000 SF) |Southgate USA (816,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate guaranteed, freestanding, Goodman Distribution investment property located in Valley View, Ohio (Cleveland MSA). The tenant, Goodman Distribution, Inc has over 6 years remaining on their initial lease with 2 (7-year) options to extend, demonstrating their commitment to the site. The lease features annual 2% rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. OH BOR SARAH SHANKS Vice President | Broker of Record SRS National Net Lease sarah.shanks@srsre.com D: 502.442.7079 | M: 502.417.6773 9078 Union Centre Blvd, Suite 350 West Chester, OH 45069 BRKP.2023006361 | REC.2024000384

FOR SALE DETAILS

PRICE

$7,531,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodman Distribution | Corp NNN w/ Annual Inc

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.31

LAND SF

187,744

ZONING

Industrial District

APN/PARCEL ID

571-22-025

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
949-698-1115

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Patrick LutherSRS National Net LeaseMore Info
949-698-1115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.