312-777-2441
, Warrensville Heights, OH for Sale
FOR SALE
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NSL Analytical Services HQ R&D
Warrensville Heights, OH


HIGHLIGHTS

  • Mission-Critical HQ
  • "Sticky" Location
  • New 10-Year Extension
  • Assumable Debt Available
  • Substantially Below Replacement Cost

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the NSL Analytical Services Research & Development Laboratory Portfolio in Warrensville Heights, OH, a Cleveland Suburb. The Cranwood location is a 30,877 SF mission-critical testing laboratory leased to NSL Analytical Services on a newly executed 10-year lease extending through November 30, 2033, with 3.5% annual rental increases (see lease abstract for details). NSL has operated at this location for over 40 years, and the property has been adapted to a chemical laboratory and heavily renovated to the tenant’s specific use. The Renaissance location is an 11,800 SF research and development laboratory that is subleased to Centerline Biomedical, a leading company in the field of medical imaging technology. Founded in 2014, Centerline Biomedical specializes in innovative vascular navigation and visualization systems that enhance precision and safety in endovascular procedures.

ASK ABOUT THIS PROPERTY

Mark LoveringNorthmarqMore Info
312-777-2441

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Mark LoveringNorthmarqMore Info
312-777-2441

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