9988 Kinsman Rd Novelty, OH

Listing office Cresco Real Estate | Cleveland n***@marcusmillichap.com Show Phone

Listing date Nov 24, 2025

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Investment Insights

Based on property information with market context.

The Newbury Industrial Center is a 113,920-square-foot multi-tenant industrial center situated on over 19 acres. The property currently houses 12 tenants, including Ravago Chemical Distribution, Arc-Hound Welding, Koala Motor Sport, and Chagrin Pet. The property has a history of low vacancy and excellent occupancy, with recent tenant renewals. Rental rates and reimbursements are currently low, presenting an opportunity for growth. There is potential to increase income by advertising owner or vacant spaces to attract additional tenants and parking revenue. The property has historically been easy to rent without extensive advertising, due to a limited number of competitive properties. The roof systems have been well-maintained.

Key Highlights

• 113,920‑square‑foot multi‑tenant industrial center on over 19 acres
• Strong roster of longstanding tenants
• Low vacancy and excellent occupancy history

Property Analytics

Property Profile Location Intelligence

Similar Off Market Nearby

• West Geauga Self Storage — 10093 Kinsman Rd, Novelty, OH 44072
• Chagrin Valley Mini Storage — 10056 Kinsman Rd, Novelty, OH 44072

FAQs

What type of property is this?

Warehouse - 113,920 SF multi-tenant industrial center with 12 tenants.

Where is this warehouse located?

The property is located at 9988 Kinsman Rd Novelty, OH.

What is the asking price?

The asking price for this property is $4,556,800.

What are key features of this property?

This property features: 113,920‑square‑foot multi‑tenant industrial center on over 19 acres; Strong roster of longstanding tenants; Low vacancy and excellent occupancy history