New Cleveland Warehouse Space
Industrial
for Sale
| Catylist Listing ID: |
30628254 |
| Property Subtypes: |
Cold Storage, Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Truck Terminal, Warehouse/Distribution, Other
|
| Building Status: |
Under Construction |
| Building Size (RSF): |
44,000 SF
|
| Gross Land Area: |
2.84 Acres
|
| Sale Price: |
$2,816,000 |
| Unit Price: |
$64 PSF |
| Ceiling: |
24 ft. Clear |
| Docks/Doors: |
4 Docks |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
44,000 SF |
| Sale Terms: |
Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2020 |
Overview / Comments
Build to suit 44,000 sq ft warehouse. Divisible down to 22,000 sq ft. Minimum clear height of 24' up to 32'. Four dock doors and one drive-in door.
Construction to begin August 2020, with delivery January 2021. Office space built out as a build to suit for all proposed tenants.
Divisible down to 22,000 sq ft.
|
Additional Details
| Nearest MSA: |
Cleveland |
| County: |
Bradley |
| Taxing Authority: |
City of Cleveland |
| Tax ID/APN: |
050 028.00 |
| Zoning: |
LIGHT INDUSTRIAL |
| Highway Access: |
Two minutes to APD 40 and less than 15 minutes to Interstate 75. |
| Airports: |
Cleveland Regional Airport & Chattanooga Airport |
| Site Description: |
Good location at the corner of Michigan Avenue and Minnis Road. Michigan Road is being widened to a 3 lane road in 2021. |
| Area Description: |
Property is well located in the northeast industrial area of Cleveland. Site is less than one mile to Whirlpool and less than 10 minutes to other industrial users such as Georgia Pacific, Eaton Corp, Cormetech, Duracell, Coca-Cola, and Peytons. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2020 |
| Roof Type: |
Arched |
| Construction/Siding: |
Metal Siding |
| Parking Ratio: |
1.6 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
26 spaces with room for Truck/Trailer parking. |
| Total Parking Spaces: |
28 |
| Sprinklers: |
Wet |
| Zoning Description: |
Light Industrial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,406 |
33,019 |
68,213 |
| Median Age: |
34.24 |
34.93 |
37.02 |
| Households: |
1,962 |
12,547 |
26,242 |
|
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Neither Greater Chattanooga REALTORS® nor
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