1264 Lear Industrial Pkwy Avon, OH 44011
10,200 SF flex space with office and shop areas.
- Added:
- May 18, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 28 at 11:41 pm
Property Features for 1264 Lear Industrial Pkwy
General Information
- Standard status
- Active
- Size
- 10,200 SF
- Property subtype
- INDUSTRIAL
Listing office Avison Young | Cleveland (216) 272-1313
Listing date May 18, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Cleveland
Investment Insights
Based on property information with market context.
Key Highlights
- 10,200 sf total space including 7,200 sf of shop space, 2,800 sf of finished office space, and 2,000 sf loft.
- 6 14’ overhead doors with full drive‑through capability.
- 3‑phase power.
Local Financial Insights For Office B
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 | $202.0k | $19.80 |
| − Vacancy | −$30.3k | −$2.97 |
| EGI | $171.7k | $16.83 |
| − OpEx | −$42.9k | −$4.21 |
| NOI | $128.7k | $12.62 |
