8300 Dow Cir, Strongsville, OH 44136
For Lease
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Tech Park I, located at 8300 Dow Cir, Strongsville, OH 44136, offers 23,000 square feet of vacant office space in a prime location. This single, two-story building, built in 1983, sits on 3.26 acres and boasts 35,000 total square feet. The space features 9-12 foot ceilings and is divisible to a minimum of 2,400 square feet, with a maximum contiguous space of 23,000 square feet. The property includes ample parking with 100 spaces and two elevators. The building is zoned for Office, R&D, and Warehouse use, making it suitable for a variety of businesses. Conveniently located near I-71, the Ohio Turnpike (I-80), and I-90, it offers easy access to Cleveland-Hopkins International Airport and downtown Cleveland. The property features numerous offices, conference rooms, a lab area, kitchen, and restrooms, allowing for flexible layouts. Common area maintenance (CAM) is approximately $1.25 per square foot and includes water/sewer, snow removal, insurance, common electric, parking lot maintenance, landscaping, fire protection, and building repairs. Tenants are responsible for gas/electric/trash/interior security and HVAC routine maintenance. A new roof was installed in 2018. The average household income within a one-mile radius exceeds $100,000. Rent abatement is available. The property is currently partially occupied by Lumitex and is situated in a thriving office park with notable companies nearby. Subdivision options are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
RD · Strongsville, OHStrongsville. Always verify with local authorities before improvements.
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.