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Industrial Land with Build-to-Suit Options
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38601 Kennedy Parkway, Willoughby, OH 44094

Industrial land with build-to-suit building options featuring 24' clear height and multiple dock doors per building.

Space SizeContact for details
Days on Market44

Property Features for 38601 Kennedy Parkway

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE | Cleveland
Listed By: Jenna Gauntner · License #SAL.2018005476
Source: Cbre
Added: Jul 27 Changed: Sep 8 Last Checked: Sep 8 at 8:00AM

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.

An industrial land offering with up to 16.6 acres available and sample site plans showing building footprints in the 30,000 to 92,000 SF range. The concept includes 24' clear height, with 4 dock doors and 1 drive-in per building. Power is provided at 1,200 amps with 3-phase, 480-volt service, along with LED lighting. The sprinkler system is wet, with the ability to upgrade to ESFR, and office space can be tailored to fit, including potential for a two-story office component. Proposed building materials include split-faced block, brick, and steel, with parking totaling 88 spaces.

The property is located at 38601 Kennedy Pkwy in Willoughby, OH 44094, with configurations designed to accommodate multiple building options based on the selected footprint.

Key Highlights

  • ±16.6 acres available with build‑to‑suit warehouse building options and site plans supporting 30K to 92K SF footprints
  • 24' clear height
  • Each building includes 4 docks plus 1 drive‑in per building

Property Analytics

Current Use

The Kennedy Group Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Restaurant HVAC 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

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

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 land - Industrial land with build-to-suit building options featuring 24' clear height and multiple dock doors per building.
Where is this industrial land located?
The property is located at 38601 Kennedy Parkway Willoughby, OH.
What are key features of this property?
This property features: ±16.6 acres available with build‑to‑suit warehouse building options and site plans supporting 30K to 92K SF footprints; 24' clear height; Each building includes 4 docks plus 1 drive‑in per building
More about this property
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