749 Miner Rd - Office FOR SALE


Highland Heights, OH 44143
$3,950,000 USD
216-525-1496
749 Miner Rd, Highland Heights, OH for Sale
$3,950,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

749 Miner Rd
Highland Heights, OH 44143


OVERVIEW

A mission-critical facility backed by a global aerospace and defense platform. 749 Miner Road, a 28,700 SF single-tenant office, R&D and precision manufacturing facility situated on 3.0 acres in Highland Heights, Ohio. The property is located just off I-271 on Cleveland’s east side. The property is 100% net leased to COTSWORKS, Inc., a manufacturer of ruggedized fiber-optic components used in aerospace, military, oil and gas, and heavy industrial applications. In July 2025, COTSWORKS was acquired by Moog Inc. (NYSE: MOG.A / MOG.B), a $3.9 billion global manufacturer of precision motion and fluid control systems, and now operates within Moog’s Space and Defense segment. COTSWORKS has operated from the property since 2006. Since 2015, approximately $1,190,000± has been invested in the building, including a $177,000± electrical service upgrade completed in 2021 to support the tenant’s optical assembly operations. The tenant is responsible for maintaining the facility directly. The combination of specialized infrastructure, an established workforce and the requirements associated with its manufacturing operations makes the property an important component of the tenant’s business. The offering is priced at $3,950,000 (approximately $138 per square foot) well below estimated replacement cost.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

P-C-M

APN/PARCEL ID

822-23-029

ASK ABOUT THIS PROPERTY

Nanci FerranteCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1496

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Nanci FerranteCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1496

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