9755 Corporate Cir Valley View, OH 44125
Valley View, OH: NNN Leased Manufacturing Facility
Property size:
45,423 SFProperty 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
Listing Agency: SRS Real Estate Partners Newport Beach Listing Agent: Matthew Mousavi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Valley View
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6152387
- Latitude
- 41.3989279
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FAQs
What type of property is this?
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.
