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Industrial Warehouse with Office
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1192 E 40 ST, Cleveland, OH 44114

A three-story office component accompanies the warehouse, with freight elevators serving the building.

Space Size79,905 SF
Days on Market5

Property Features for 1192 E 40 ST

General Information

Standard status Active
Size 79,905 SF
Property subtype INDUSTRIAL
Lease Type NNN

Site & Location

Neighborhood Goodrich Kirtland

Spaces For Lease

at 1192 E 40 ST
1192 E 40th St $3.90/SF/Yr
Floor 1
Size 79,905 SF
Type INDUSTRIAL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
79,905± SF Total, Brick Constructed Building with Lake and City Views 66,322± SF Warehouse 13,583± SF Three-Story Office 2,397± SF - 1st Floor 5,593± SF - 2nd Floor 5,593± SF - 3rd Floor 1.03± Acres - Corner Lot with Lake and City Views Zoned: GI - B3, General Industrial Three (3) Loading Docks Two (2) Drive-in Door 8’x10’ and 16’x12’ Two (2) Freight Elevators Dry Sprinkler System 12’ - 16’ Clear Ceiling Heights Vector Security System 600 amp, 240 volt & 100 amp, 480 volt, 3 Phase Power Separately Metered (8 Meters) Newer Furnace for First Floor Offices Newer T8 Lighting, Newer Roof and Newer Reznor Heaters in Warehouse Located Minutes from Downtown Cleveland and All Major Highways including State Route 2, Interstates 90, 77 and 71
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Listing Agency: Global Real Estate Advisors
Listed By: Timothy Sawicki
Source: Moodyscre
Added: Oct 27 Changed: Oct 30 Last Checked: Oct 30 at 3:09PM

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 Global Real Estate Advisors

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Investment Insights

Based on property information with market context.

This 79,905± SF industrial property combines a 66,322± SF warehouse with 13,583± SF of office space across three floors. The office layout includes 2,397± SF on the first floor and 5,593± SF on each of the second and third floors. Warehouse features include three loading docks, two drive-in doors measuring 8’x10’ and 16’x12’, two freight elevators, a dry sprinkler system, and 12’–16’ clear ceiling heights. Electrical service includes 600 amp, 240 volt and 100 amp, 480 volt, 3 Phase power, with eight separate meters.

The 1.03±-acre corner parcel is zoned GI - B3, General Industrial, and has lake and city views. The property is minutes from downtown Cleveland and State Route 2, I-90, I-77, and I-71. Building updates include a newer roof, warehouse lighting and Reznor heaters, plus a newer furnace for the first-floor offices.

Key Highlights

  • 79,905± SF total: 66,322± SF warehouse and 13,583± SF three‑story office
  • 1.03±-acre corner lot zoned GI - B3, General Industrial
  • Three loading docks, two drive‑in doors measuring 8’x10’ and 16’x12’, and two freight elevators

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

BML E40th Street, ... Warehouse & Storage The 3rd Floor Nightclub

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Home Appliance Store Dental Office (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,191
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44114, OH

7,622
Population
5,151
Households
1.5
Avg Household Size
32
Median Age
47%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
2,541
Density / Sq Mi
$45,400
Median Household Income
$39,915
Median Earnings
$1,296
Median Rent
$112,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cleveland, OH

$8.58 /SF/Yr
Avg Asking Price
$5.42–$15 /SF/Yr
Price Range
55,897 SF
Avg Space Size

Vacancy Rate% for Industrial in Cleveland, OH

3.8% 2019
3.7% 2020
3.6% 2021
3% 2022
2.7% 2023
2.7% 2024
3.9% 2025

Similar Off Market Nearby

  • Kroy Shipping Receiving — 3841 Perkins Ave, Cleveland, OH 44114
  • Climate Controlled Auto Storage — 2225 St Clair Ave NE, Cleveland, OH 44114
  • Climate Controlled Auto Storage Inc. — 2225 st clair ave ne, cleveland, oh 44114
  • The Ware House — E 34th St, Cleveland, OH 44114
  • United Towing Services, Inc. — 3929 Superior Ave, Cleveland, OH 44114

Frequently Asked Questions

What type of property is this?
Warehouse - A three-story office component accompanies the warehouse, with freight elevators serving the building.
Where is this warehouse located?
The property is located at 1192 E 40 ST Cleveland, OH.
What are key features of this property?
This property features: 79,905± SF total: 66,322± SF warehouse and 13,583± SF three‑story office; 1.03±-acre corner lot zoned GI - B3, General Industrial; Three loading docks, two drive‑in doors measuring 8’x10’ and 16’x12’, and two freight elevators
(440) 283-5143 · Office Call to check price and availability
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