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Industrial Facility with Cold Storage

1200 Babbitt Rd Unit 2, Euclid, OH 44132

For Sale
$3,690,000

68,128 SF industrial condo leased to Pollak Food.

Property Size68,128 SF
Price / SF$54.16
Days on Market222

Property Features for 1200 Babbitt Rd Unit 2

General Information

Standard status Active
Size 68,128 SF
Property subtype Industrial
Listing Agency: Cleveland
Listed By: Tim Breckner · License #SAL.0000438990
Source: Colliers
Added: Mar 31 Changed: Oct 26 Last Checked: Nov 6 at 5:45AM

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 Cleveland

Rey
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Investment Insights

Based on property information with market context.

This is a 68,128 SF condominiumized industrial facility. It is currently leased long-term to Pollak Food Distributors, which uses the facility as its corporate headquarters and primary distribution center. The asset features specialized cold-storage infrastructure, including a large freezer, cooler section, and nine fully equipped docks, supporting the tenant’s regional distribution operations. The property is 100% leased on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and maintenance. The current lease commenced 7/16/2025, and as of 8/1/2026, there will be 10.5 years of remaining term with an annual NOI of $304,116 through 2027. The landlord is contractually obligated to replace the roof this year. Planning for that work is already underway. The tenant holds two five-year options with nine months’ notice.

Key Highlights

  • Long‑term lease with 10.5 years remaining (as of 8/1/2026), providing stable income.
  • Triple‑Net (NNN) lease structure.
  • Specialized cold‑storage infrastructure including a large freezer, cooler section, and fully equipped dock positions.

Property Analytics

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Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Law Firm Pharmacy

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

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 44132, OH

14,524
Population
7,586
Households
1.9
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$46,014
Median Household Income
$36,284
Median Earnings
$1,031
Median Rent
$109,600
Median Home Value
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - 68,128 SF industrial condo leased to Pollak Food.
Where is this refrigerated & cold storage located?
The property is located at 1200 Babbitt Rd Unit 2 Euclid, OH.
What is the asking price?
The asking price for this property is $3,690,000.
What are key features of this property?
This property features: Long‑term lease with 10.5 years remaining (as of 8/1/2026), providing stable income.; Triple‑Net (NNN) lease structure.; Specialized cold‑storage infrastructure including a large freezer, cooler section, and fully equipped dock positions.
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