17325 Euclid Ave - Light Manufacturing FOR SALE


Cleveland, OH 44112- Euclid-Green
$25,000,000 USD
414-699-4326
17325 Euclid Ave, Cleveland, OH for Sale
$25,000,000 USD
Light Manufacturing - FOR SALE
1/5
null | Request Cap Rate

17325 Euclid Ave
Cleveland, OH 44112
Euclid-Green


HIGHLIGHTS

  • Value-Add Opportunity — Raise Rents, Redevelop, Lease-Up
  • Heavy Power, Multiple Loading Positions, Freight Elevators
  • Partial Former Data Center Space (Fiber, Power, Cooling In Place)

OVERVIEW

Marcus & Millichap is pleased to exclusively offer Chandler Park Industrial Campus, a 765,000-square-foot industrial and flex portfolio spanning three strategically located assets in Cleveland, Ohio. Situated on approximately 19 acres with direct access to major transportation infrastructure, the portfolio includes 17325 Euclid Avenue, 1700 London Road, and 1800 London Road. The portfolio is anchored by 17325 Euclid Avenue, a 595,000-square-foot industrial facility featuring heavy power, multiple loading positions, freight elevators, and significant vacant space for lease-up or redevelopment. Complementing the asset are 1700 London Road, a 110,000-square-foot multi-tenant industrial/flex property with occupancy upside, and 1800 London Road, a fully leased 60,000-square-foot industrial building providing stable in-place cash flow. Chandler Park presents a rare opportunity to acquire a large-scale industrial campus at a basis below replacement cost. The combination of diversified tenancy, existing cash flow, excess vacancy, heavy-power infrastructure, and redevelopment potential provides multiple avenues for value creation, making the offering attractive to value-add, opportunistic, and long-term industrial investors.

FOR SALE DETAILS

PRICE

$25,000,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

R&D, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

16

DRIVE INS

11

PARKING SPACES

1000

LAND DETAILS

LAND ACRES

19

LAND SF

827,640

ZONING

IG

APN/PARCEL ID

117-05-001

ASK ABOUT THIS PROPERTY

Christian HlavinkaMarcus & MillichapMore Info
414-699-4326

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Christian HlavinkaMarcus & MillichapMore Info
414-699-4326

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