Industrial Flex and Manufacturing
For Sale
Contact for pricing
12117 Bennington Avenue, Cleveland, OH 44135
Well-maintained, fully occupied complex combining warehousing and manufacturing uses with long-tenured tenants.
Property SizeContact for details
Days on Market49
Property Features for 12117 Bennington Avenue
General Information
Standard status
Active
Property subtype
Industrial
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
(440) 669-1109
Listed By:
Dan Lariccia
Source:
Passovgroup
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 11 at 5:36AM
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 Dan Lariccia
Investment Insights
Based on property information with market context.
This for-sale industrial flex and manufacturing complex is described as 100% occupied and includes a tenant base operating across warehousing (56%) and manufacturing (44%). The property is reported to be well maintained for its age, with improvements completed based on specific tenant requirements. Lease structures are described as manufacturing-focused, and the offering notes that several tenants are paying below-market rents.
Located at 12117 Bennington Avenue in Cleveland, Ohio (44135), the complex reflects long-term operating history among multiple tenants. The remarks cite that 48% of the tenancy has been in place since 2015, 20% since 2012, and one tenant since 1993. The posting also states that vacancy has been consistently below market.
For buyers seeking an industrial asset with established operating continuity, the current occupancy and mix of warehousing and manufacturing use may support a range of qualified tenant requirements. The property is positioned as an alternative for mid-size users looking for value-conscious space with a historically stable partial tenant base and limited availability of similar product type, as reflected in the offering remarks.
Located at 12117 Bennington Avenue in Cleveland, Ohio (44135), the complex reflects long-term operating history among multiple tenants. The remarks cite that 48% of the tenancy has been in place since 2015, 20% since 2012, and one tenant since 1993. The posting also states that vacancy has been consistently below market.
For buyers seeking an industrial asset with established operating continuity, the current occupancy and mix of warehousing and manufacturing use may support a range of qualified tenant requirements. The property is positioned as an alternative for mid-size users looking for value-conscious space with a historically stable partial tenant base and limited availability of similar product type, as reflected in the offering remarks.
Key Highlights
- 100% occupied warehouse/manufacturing complex with a below‑market vacancy rate and historical occupancy
- Mix of use: 56% warehousing and 44% manufacturing across the tenant base
- Tenant retention strength: 48% of tenants have been at the property since 2015
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44135, OH
26,684
Population
12,035
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
10.2 sq mi
ZIP Area
2,616
Density / Sq Mi
$48,930
Median Household Income
$36,444
Median Earnings
$935
Median Rent
$119,100
Median Home Value
Market
Vacancy Rate% for Industrial in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained, fully occupied complex combining warehousing and manufacturing uses with long-tenured tenants.
Where is this flex space located?
The property is located at 12117 Bennington Avenue Cleveland, OH.
What are key features of this property?
This property features: 100% occupied warehouse/manufacturing complex with a below‑market vacancy rate and historical occupancy; Mix of use: 56% warehousing and 44% manufacturing across the tenant base; Tenant retention strength: 48% of tenants have been at the property since 2015
