14800 Foltz Industrial Pkwy Strongsville, OH 44136
This exceptional investment opportunity presents a fee-simple ownership of a 20,218-square-foot warehouse located at 14800 Foltz Industrial Pkwy, Strongsville, OH 44136. The property sits on a 4.02-acre lot and is currently 100% occupied by LLK Greenhouse Solutions under a 20-year triple-net (NNN) lease with a corporate guarantee. The lease commenced upon the closing of escrow and features annual rent bumps of 3%, ensuring consistent income growth. The current annual net operating income (NOI) is $300,000, resulting in an attractive 7.25% capitalization rate. The lease provides for 4 or 5-year lease options. This warehouse serves as the primary production, inventory, and operations facility for LLK Greenhouse Solutions, a financially stable tenant. The property benefits from its strategic location in a prime industrial corridor of Strongsville, Ohio, near major companies such as Applied MSS, Schaeffler Group, and others. Its proximity to downtown Cleveland further enhances its desirability. This is a rare opportunity to acquire a stable, high-yielding industrial property with long-term lease security and significant upside potential. The asking price is $4,137,931.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.