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VIKING INDUSTRIAL PARKWAY
Westlake, OH
ASKING PRICE
$8,000,000
SQ FT
100,150
LEASE TYPE
NNN
CAP RATE
7.00%
PROPERTY STATUS
LOI PENDING
TENANT TYPE
National
INVESTMENT HIGHLIGHTS
100,150 sq. ft. Industrial Investment
Largest tenant, Ground Effects (75% of GLA)has 5 years remaining and $1.5M of its own funds invested in their space
Ground Effects annual revenue nearing $200M
92% occupied
Annual rental increases from the two office units
Landlord responsible for roof and structure only
Upside opportunity with 8,391 SF available at entrance of complex
Excellent location just off of I-90 in Westlake, OH
Household Income >$136,000 within a 3-mileradius
Interested in this property?
EXCLUSIVE ADVISOR
MARK LUTTNER 216.464.4060
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VIEW OFFERING MEMORANDUM
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VIKING INDUSTRIAL PARKWAY
Westlake, OH
ASKING PRICE
$8,000,000
SQ FT
100,150
LEASE TYPE
NNN
CAP RATE
7.00%
PROPERTY STATUS
LOI PENDING
TENANT TYPE
National
INVESTMENT HIGHLIGHTS
100,150 sq. ft. Industrial Investment
Largest tenant, Ground Effects (75% of GLA)has 5 years remaining and $1.5M of its own funds invested in their space
Ground Effects annual revenue nearing $200M
92% occupied
Annual rental increases from the two office units
Landlord responsible for roof and structure only
Upside opportunity with 8,391 SF available at entrance of complex
Excellent location just off of I-90 in Westlake, OH
Household Income >$136,000 within a 3-mileradius
Interested in this property?
EXCLUSIVE ADVISOR
This is some text inside of a div block.
This is some text inside of a div block.
LinkedIn
Request information
VIEW OFFERING MEMORANDUM
RETURN TO LISITNGS
VIKING INDUSTRIAL PARKWAY
Westlake, OH
ASKING PRICE
$8,000,000
SQ FT
100,150
LEASE TYPE
NNN
CAP RATE
7.00%
PROPERTY STATUS
LOI PENDING
TENANT TYPE
National
INVESTMENT HIGHLIGHTS
100,150 sq. ft. Industrial Investment
Largest tenant, Ground Effects (75% of GLA)has 5 years remaining and $1.5M of its own funds invested in their space
Ground Effects annual revenue nearing $200M
92% occupied
Annual rental increases from the two office units
Landlord responsible for roof and structure only
Upside opportunity with 8,391 SF available at entrance of complex
Excellent location just off of I-90 in Westlake, OH
Household Income >$136,000 within a 3-mileradius
Interested in this property?
EXCLUSIVE ADVISOR
MARK LUTTNER 216.464.4060
DAN LARICCIA
216.464.4060
This is some text inside of a div block.
This is some text inside of a div block.
LinkedIn
Request information
VIEW OFFERING MEMORANDUM
RETURN TO LISITNGS