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7000 Granger Road, Independence, OH 44131

Sale-leaseback opportunity featuring two warehouse buildings, covered and uncovered storage, and an absolute NNN lease structure.

Property SizeContact for details
Days on Market142

Property Features for 7000 Granger Road

General Information

Standard status Active
Property subtype Industrial

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Rail Access Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: JLL - Cleveland, Ohio
Listed By: Kristy Hull · License #OH 2006005319
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 6:11PM

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 JLL - Cleveland, Ohio

Investment Insights

Based on property information with market context.

This fee-simple industrial property includes two warehouse buildings measuring 65,000 and 35,000 square feet, along with approximately 32,000 square feet of covered exterior storage and two acres of uncovered storage. The site totals more than 11 acres and includes an on-site CSX Rail siding, supporting freight-oriented operations.

The sale-leaseback is structured with a three-year absolute NNN lease to XS Merchandise and Manufacturers Wholesale Lumber. The property is located in Independence, Ohio, with access to I-77, I-480, and SR 21. The seller has occupied the location since 1984 and continues to operate there.

Key Highlights

  • More than 11 acres with two warehouse buildings
  • Warehouse areas of 65,000 and 35,000 square feet
  • Approximately 32,000 square feet of covered storage

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Spa & Massage Center Electrical Service

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby
Well-served
Demand for This Use

Demographics for 44131, OH

20,664
Population
8,861
Households
2.3
Avg Household Size
49
Median Age
40%
College-Educated
97%
High-School Grad
15.7 sq mi
ZIP Area
1,316
Density / Sq Mi
$98,838
Median Household Income
$59,474
Median Earnings
$1,512
Median Rent
$252,400
Median Home Value

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
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Similar Off Market Nearby

  • All My Sons Moving & Storage 7500 Wall St, Valley View, OH 44125

Frequently Asked Questions

What type of property is this?
Warehouse - Sale-leaseback opportunity featuring two warehouse buildings, covered and uncovered storage, and an absolute NNN lease structure.
Where is this warehouse located?
The property is located at 7000 Granger Road Independence, OH.
What are key features of this property?
This property features: More than 11 acres with two warehouse buildings; Warehouse areas of 65,000 and 35,000 square feet; Approximately 32,000 square feet of covered storage
More about this property
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