Valley View, OH: NNN Leased Manufacturing Facility
Property size:
45,423 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This fee-simple industrial property in Valley View, Ohio, offers a compelling investment opportunity. The 45,423-square-foot manufacturing facility is 100% occupied under a triple-net (NNN) lease with Goodman Distribution, Inc., providing a stable income stream. The lease, commencing April 1, 2021, and expiring November 30, 2030, has approximately six years remaining with two seven-year renewal options. Annual rent increases of 2.5% are built into the lease, providing inflation protection and growing net operating income (NOI). The property boasts a 7.00% cap rate and a NOI of $527,170, with an asking price of $7,531,000 ($165.80/sq ft). Situated on a 4.31-acre lot in Cuyahoga County (zip code 44125), the property features 47 parking spaces and is zoned for industrial use. Its prime location near Interstate 480 (169,600 vehicles per day) and major retail centers like Garfield Commons (317,000 sq ft) and Southgate USA (816,000 sq ft) ensures high visibility and accessibility. The strong demographics of the area, with over 193,000 people within a five-mile radius and an average household income of $70,710, further enhance the investment potential. Built in 2020, this low-management investment offers minimal landlord responsibilities, making it an attractive option for passive investors seeking a secure and appreciating asset. The property's address is 9755 Corporate Cir, Valley View, OH 44125. The property's APN is 571-22-025.
Property Features for 9755 Corporate Cir
General Information
Property type
Manufacturing properties
Square Feet
45,423 SF
Lot Size
187,744 SF
Building Details
Year Built
2020
HighLights
Approximately 7 years remaining on a corporate‑guaranteed lease with 2.5% annual rent increases.
Manufacturing property - Valley View, OH: NNN Leased Manufacturing Facility
Where is this manufacturing property located?
The property is located at 9755 Corporate Cir Valley View, OH.
What is the asking price?
The asking price for this property is $7,531,000.
What are key features of this property?
This property features: Approximately 7 years remaining on a corporate-guaranteed lease with 2.5% annual rent increases.; NNN lease; fee simple ownership; minimal landlord responsibilities.; Excellent location near I-480 (169,600 VPD), Garfield Commons (317,000 SF), and Southgate USA (816,000 SF) in a primary retail corridor.
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Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
9755 Corporate Cir Valley View, OH 44125
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9755 Corporate Cir, Valley View, OH
Matthew Mousavi
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Matthew Mousavi
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9755 Corporate Cir, Valley View, OH
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9755 Corporate Cir, Valley View, OH
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to 9755 Corporate Cir Valley View, OH 44125
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Matthew Mousavi
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