216-406-8382
5335 Avion Park Dr, Highland Heights, OH for Sale
Manufacturing - FOR SALE
1/6
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5335 Avion Park Dr
Highland Heights, OH 44143


OVERVIEW

Located at 5335 Avion Park Drive, this investment opportunity offers durable cash flow anchored by long-term, credit-worthy tenancy in a strategic Northeast Ohio location. The property is 81% leased to Stanley Black & Decker, an investment-grade public company (S&P: A), which occupies approximately 60,000 square feet and has operated in the building since 2002 with lease expiration in February 2030. Overall tenancy averages more than 18 years, reflecting the property’s stability and tenant retention. The climate-controlled warehouse features full HVAC infrastructure that is critical to tenant operations, while a NNN lease structure and roof warranty through 2037 limit capital exposure for ownership. Positioned adjacent to Cuyahoga County Airport with convenient access to Interstate 271 and Interstate 90, the asset benefits from strong regional connectivity and access to a skilled workforce. Despite recent market normalization, industrial fundamentals remain resilient with asking rents near historic highs, supporting long-term value and income stability.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

Lighting - Fluorescent, Heating

CLEAR CEILING HT

16 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

174

LAND DETAILS

LAND ACRES

8.64

LAND SF

376,358

ZONING

PCM

APN/PARCEL ID

821-03-001

ASK ABOUT THIS PROPERTY

George PofokCushman & Wakefield | CRESCO Real EstateMore Info
216-406-8382

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George PofokCushman & Wakefield | CRESCO Real EstateMore Info
216-406-8382

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