Freestanding Office/Warehouse/Light Industrial
For Lease
Contact for pricing
38227 Western Parkway, Willoughby, OH 44094
Clean 10,480 SF building near State Route 2 Freeway.
Space SizeContact for details
Property Size10,480 SF
Lot Size1.60 Acres
Days on Market138
Property Features for 38227 Western Parkway
General Information
Standard status
Active
Size
10,480 SF
Lot size
1.60 Acres
Property subtype
Industrial
Listing Agency:
CBRE | Cleveland
(440) 212-6715
Listed By:
Nick Smith · License #2024004120
(440) 212-6715
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 8 at 6:29AM
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 CBRE | Cleveland
Investment Insights
Based on property information with market context.
This exceptionally clean, freestanding building offers approximately 10,480 square feet of office, warehouse, and light industrial space. The building includes approximately 5,480 square feet of executive and administrative office space and approximately 5,000 square feet of warehouse space. Situated on approximately 1.60 acres of land, the property has excess land available for potential expansion up to 22,000 square feet. The building is located minutes from State Route 2 Freeway and Lost Nation Road and may qualify for potential economic incentives. Loading is facilitated by one dock (8’ x 9’) and two drive-in doors (8’8” x 16’). The clear height ranges from 15’10” to 16’2”. The building features a combination HVAC unit for the office area and infrared/tube heat for the warehouse. Power is supplied at 240V/3PH/600A, and energy-efficient T-8 lighting is installed. Constructed in 1992, the property includes 24 surface parking spaces with the possibility of expansion. It is zoned LI (Light Industrial). The roof was refurbished in 2019 with a John Manville 4 Ply Built-Up Roofing System. Recent office upgrades include plumbing, two Carrier 5-Ton Rooftop HVAC Units, a hot water heater, lighting, and kitchen appliances. Additional features include floor drains with an oil separation system, make-up air with louvered exhaust, and a shop office with existing plumbing for easy conversion to a shop restroom. A forklift and charging station are available for lease or purchase. The property also includes a full kitchen, lunchroom, and mail and copy center.
Key Highlights
- ±10,480 SF freestanding office/warehouse/light industrial building with ±5,480 SF office space and ±5,000 SF warehouse space.
- Excess land for potential expansion up to 22,000 SF.
- Minutes from State Route 2 Freeway/Lost Nation Road.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44094, OH
37,634
Population
18,323
Households
2.1
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
948
Density / Sq Mi
$76,125
Median Household Income
$49,393
Median Earnings
$1,155
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Clean 10,480 SF building near State Route 2 Freeway.
Where is this flex space located?
The property is located at 38227 Western Parkway Willoughby, OH.
What are key features of this property?
This property features: ±10,480 SF freestanding office/warehouse/light industrial building with ±5,480 SF office space and ±5,000 SF warehouse space.; Excess land for potential expansion up to 22,000 SF.; Minutes from State Route 2 Freeway/Lost Nation Road.
