For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

9755 Corporate Cir Valley View, OH 44125

Sponsored
For Sale
$7,531,000

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.
  • 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.
  • Strong demographics: 193,000+ population within a 5‑mile radius, $70,710 average household income.
Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Valley View
County
Cuyahoga
State
Ohio
Longitude
-81.6152387
Latitude
41.3989279

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message