Industrial Flex
10090 QUEENS WAY Chagrin Falls, OH 44023
For Sale
Contact for pricing
Industrial flex building for sale featuring 21,639 SF built in 1998.
Property Size21,639 SF
Price / SF$78.33
Days on Market18
Property Features for 10090 QUEENS WAY
General Information
- Standard status
- Active
- Size
- 21,639 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1998
Listing Agency:
Coakley Real Estate
Listed By:
Francis (Sandy) Coakley · License #OH2004018373
Source:
Crexi
Added: Jul 7
Changed: Jul 23
Last Checked: Jul 23 at 1:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coakley Real Estate
Investment Insights
Based on property information with market context.
This industrial flex building offers a total of 21,639 square feet, constructed in 1998. The property is listed for sale and is suitable for industrial and flex-style occupancy based on its stated classification.
The address is 10090 Queens Way in Chagrin Falls, OH.
As currently presented, the primary provided details are the building’s industrial flex designation, total square footage, and the 10/02/1998 build date.
The address is 10090 Queens Way in Chagrin Falls, OH.
As currently presented, the primary provided details are the building’s industrial flex designation, total square footage, and the 10/02/1998 build date.
Key Highlights
- Industrial flex building for sale
- 21,639 SF building size
- Built in 1998
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.1k | $9.48 |
| − Vacancy | −$13.9k | −$0.64 |
| EGI | $191.2k | $8.84 |
| − OpEx | −$57.4k | −$2.65 |
| NOI | $133.8k | $6.18 |
21,639 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.91M
$1.67M – $2.23M
NOI $133,832 @ 7.0% cap · market cap 7.90%
Second Best
Flex RnD
$1.17M
$1.02M – $1.37M
NOI $81,941 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$4.36M
$3.81M – $5.09M
NOI $305,106 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial flex building for sale featuring 21,639 SF built in 1998.
Where is this flex space located?
The property is located at 10090 QUEENS WAY Chagrin Falls, OH.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Industrial flex building for sale; 21,639 SF building size; Built in 1998
