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Shovel-Ready Industrial Warehouse
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4560 Johnston Parkway, Cleveland, OH 44128

Fully insulated pre-cast industrial space with 20–24' clear height, ESFR sprinklers, and 40+ car parking.

Space SizeContact for details
Days on Market46

Property Features for 4560 Johnston Parkway

General Information

Standard status Active
Property subtype Industrial
Zoning SI
Lease Type NNN

Warehouse & Industrial

Clear Height 24 ft
Heavy Power Yes
Sprinkler System Yes

Additional Details

Business Included No

Building Details

Construction Pre-Cast
Listing Agency: CBRE - Cleveland
Listed By: Nick Smith · License #2024004120
Source: Cbre
Added: Jul 27 Changed: Sep 8 Last Checked: Sep 9 at 5:38AM

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 shovel-ready build-to-suit industrial warehouse includes fully insulated pre-cast construction with insulated wall systems and glass windows. The facility is designed with 6-inch reinforced floors on 4,000 PSI concrete and a listed FF/FL of 30 feet. Warehouse heating is provided via Reznor unit heaters. For fire protection, the building includes an ESFR sprinkler system, and the ceiling height is listed at 20 to 24 feet.

The structural grid is shown as 40' x 40' column spacing, with power available as 1,200-amp, 480V, 3-phase service “to suit.” Car parking is listed as 40+ stalls, and loading is noted as “to suit.” Zoning is listed as SI.

Indicative NNN lease rates are presented as $8.00/SF for warehouse and $14.00/SF for office, with lease rate and Opex estimated. The building size is listed as 20,000 SF.

Key Highlights

  • 20,000 SF shovel‑ready BTS industrial building with 20'–24' clear ceiling height
  • ESFR sprinkler system and 6" floors with reinforced construction
  • Fully insulated precast walls with concrete specified at 4,000 PSI

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Building Supply Pharmacy

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

24 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
Balanced
Demand for This Use

Demographics for 44128, OH

28,146
Population
14,184
Households
2
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,198
Density / Sq Mi
$44,615
Median Household Income
$32,719
Median Earnings
$957
Median Rent
$90,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cleveland, OH

$8.13 /SF/Yr
Avg Asking Price
$5.5–$14.95 /SF/Yr
Price Range
51,444 SF
Avg Space Size

Vacancy Rate% for Office in Cleveland, OH

6.9% 2019
6.6% 2020
6.6% 2021
7.6% 2022
10.8% 2023
10.6% 2024
10.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Fully insulated pre-cast industrial space with 20–24' clear height, ESFR sprinklers, and 40+ car parking.
Where is this warehouse located?
The property is located at 4560 Johnston Parkway Cleveland, OH.
What are key features of this property?
This property features: 20,000 SF shovel‑ready BTS industrial building with 20'–24' clear ceiling height; ESFR sprinkler system and 6" floors with reinforced construction; Fully insulated precast walls with concrete specified at 4,000 PSI
More about this property
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