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Listed By: George Stevens Show Phone

Source: Cbre

Added: Oct 12 Changed: Oct 13 Last Checked: Oct 14 at 8:03PM

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Investment Insights

Based on property information with market context.

The industrial property comprises 175,500 square feet and is offered for lease. It is located at 23221 Morgan Court in Strongsville, Ohio 44149.

Key Highlights

• 175,500 square feet of industrial space
• Located at 23221 Morgan Court, Strongsville, OH 44149

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Dental Office

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

NNN (Triple Net)

Lease Type

$1.03 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

89

Businesses Nearby

Explore this area Business Placement

Demographics for 44149, OH

20,678

Population

8,632

Households

2.4

Avg Household Size

47

Median Age

50%

College-Educated

96%

High-School Grad

11.3 sq mi

ZIP Area

1,830

Density / Sq Mi

$114,107

Median Household Income

$66,408

Median Earnings

$969

Median Rent

$289,700

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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Frequently Asked Questions

What type of property is this?

Industrial property - Available for lease in Strongsville, this asset offers a substantial industrial footprint.

Where is this industrial property located?

The property is located at 23221 Morgan Court Strongsville, OH.

What is the lease rate?

The lease rate is $6.85 SF/Yr.

What are key features of this property?

This property features: 175,500 square feet of industrial space; Located at 23221 Morgan Court, Strongsville, OH 44149