Flex Warehouse with
For Sale
Contact for pricing
5145 Brecksville Rd, Richfield, OH 44286
Flex warehouse offering three rentable suites with multiple drive-in doors and a 124-foot truck court.
Property Size12,000 SF
Price / SF$125
Days on Market478
Property Features for 5145 Brecksville Rd
General Information
Standard status
Active
Size
12,000 SF
Property subtype
FLEX_R_AND_D
Additional Details
Drive-In Doors
4
Building Details
Tenancy
Multi
Listing Agency:
Commercial Property Partners
(216) 210-5914
Listed By:
Gerilyn Gleason · License #BRK2021002678
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Jul 28
Last Checked: Jul 30 at 2:03PM
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 Commercial Property Partners
Investment Insights
Based on property information with market context.
This flex warehouse property contains approximately 12,000 SF and is laid out as three suites. Suite 301/302 includes 5,436 SF, suite 303/304 includes 4,184 SF, and suite 305 includes 2,405 SF, with a minimum divisible size of 2,405 SF. The building is served by four drive-in doors.
Operational access is supported by a 124-foot truck court, with bay dimensions listed as 35' x 74'. This configuration is designed to accommodate a range of warehouse and light flex uses that benefit from direct drive-in loading.
The property’s suite layout and truck court setting provide flexibility for tenants seeking separate space within a single building, while still maintaining practical shared access through the on-site drive-in and yard arrangement.
Operational access is supported by a 124-foot truck court, with bay dimensions listed as 35' x 74'. This configuration is designed to accommodate a range of warehouse and light flex uses that benefit from direct drive-in loading.
The property’s suite layout and truck court setting provide flexibility for tenants seeking separate space within a single building, while still maintaining practical shared access through the on-site drive-in and yard arrangement.
Key Highlights
- 12,000 SF flex warehouse with 3 rentable suites
- Suite 301/302: 5,436 SF
- Suite 303/304: 4,184 SF; suite 305: 2,405 SF (min divisible 2,405 SF)
Financial Insights For Warehouse
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 | $70.6k | $5.88 |
| − Vacancy | −$2.6k | −$0.22 |
| EGI | $67.9k | $5.66 |
| − OpEx | −$10.2k | −$0.85 |
| NOI | $57.8k | $4.81 |
12,000 SF · lease $5.88/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$825.1K
$722.0K – $962.6K
NOI $57,757 @ 7.0% cap · market cap 3.85%
Second Best
Industrial
$679.5K
$594.6K – $792.7K
NOI $47,564 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$2.94M
$2.58M – $3.44M
NOI $206,143 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Drive-in doors
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44286, OH
6,258
Population
2,770
Households
2.3
Avg Household Size
51
Median Age
50%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
265
Density / Sq Mi
$115,227
Median Household Income
$65,121
Median Earnings
$1,082
Median Rent
$388,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse offering three rentable suites with multiple drive-in doors and a 124-foot truck court.
Where is this flex space located?
The property is located at 5145 Brecksville Rd Richfield, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12,000 SF flex warehouse with 3 rentable suites; Suite 301/302: 5,436 SF; Suite 303/304: 4,184 SF; suite 305: 2,405 SF (min divisible 2,405 SF)
