Single-Tenant Manufacturing
For Sale
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749 Miner Road, Highland Heights, OH 44143
Net-leased facility combining office, R&D, and precision manufacturing functions in a specialized operating environment.
Property Size28,700 SF
Lot Size3.00 Acres
Price / SF$137.63
Days on Market50
Property Features for 749 Miner Road
General Information
Standard status
Active
Size
28,700 SF
Lot size
3.00 Acres
Property subtype
Office, Industrial
Occupancy
100%
Additional Details
Asking Price
$3,950,000
Highway Access
Yes
Building Details
Buildings
1
Building Size
28,700 SF
Tenancy
Single
Listing Agency:
Cushman & Wakefield | CRESCO Real Estate
Listed By:
Nanci Ferrante · License #OH SAL.0000441327
Source:
Crexi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 8:19AM
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 Cushman & Wakefield | CRESCO Real Estate
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Investment Insights
Based on property information with market context.
This 28,700 SF facility occupies 3.0 acres and supports a combination of office, research and development, and precision manufacturing functions. The building is configured for specialized optical assembly operations, with an electrical service upgrade completed in 2021. COTSWORKS, Inc. has operated from the property since 2006 and is responsible for maintaining the facility directly.
The property is 100% net leased and located just off I-271 in Highland Heights, on Cleveland’s east side. In July 2025, COTSWORKS was acquired by Moog Inc. and became part of Moog’s Space and Defense segment. The facility serves manufacturing activities involving ruggedized fiber-optic components for aerospace, military, oil and gas, and heavy industrial applications.
The property is 100% net leased and located just off I-271 in Highland Heights, on Cleveland’s east side. In July 2025, COTSWORKS was acquired by Moog Inc. and became part of Moog’s Space and Defense segment. The facility serves manufacturing activities involving ruggedized fiber-optic components for aerospace, military, oil and gas, and heavy industrial applications.
Key Highlights
- 28,700 SF manufacturing, office, and R&D facility
- Situated on 3.0 acres in Highland Heights, Ohio
- 100% net leased to COTSWORKS, Inc.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$308,126
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,162,520
$6.2M
Cap Rate 7%
$4,401,800
$4.4M
Cap Rate 9%
$3,423,622
$3.4M
Market Conditions
NOI Build-Up for 28,700 SF
Gross rent
$544.2K $18.96/SF
− Vacancy
−$133.3K −$4.65/SF
EGI
$410.8K $14.31/SF
− OpEx
−$102.7K −$3.58/SF
NOI
$308.1K $10.74/SF
Area
Cuyahoga County, OH
Vacancy
24.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,162,520
Cap Rate 7%
$4,401,800
Cap Rate 9%
$3,423,622
Alternative Uses
Best Use
Industrial
$18.94M
$16.57M – $22.09M
NOI $1,325,634 @ 7.0% cap · market cap 33.56%
Second Best
Office B
$4.40M
$3.85M – $5.14M
NOI $308,126 @ 7.0% cap · market cap 7.80%
Theoretical Best
Warehouse
$23.00M
$20.12M – $26.83M
NOI $1,609,698 @ 7.0% cap · market cap 40.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
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Business Placement
Demographics for 44143, OH
25,339
Population
11,879
Households
2.1
Avg Household Size
50
Median Age
43%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
1,797
Density / Sq Mi
$75,853
Median Household Income
$52,497
Median Earnings
$952
Median Rent
$252,200
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Net-leased facility combining office, R&D, and precision manufacturing functions in a specialized operating environment.
Where is this manufacturing property located?
The property is located at 749 Miner Road Highland Heights, OH.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 28,700 SF manufacturing, office, and R&D facility; Situated on 3.0 acres in Highland Heights, Ohio; 100% net leased to COTSWORKS, Inc.
