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INVESTMENT OPPORTUNITY
TO RECEIVE THE OFFERING PACKAGE, PLEASE CONTACT:GEORGE STEVENS, SIOR, CCIM
Vice President+1 216 363 6438
In cooperation with theCBRE Financial Consulting Group
(FCG)
CBRE, INC.950 Main Avenue, Suite 200
Cleveland, OH 44113
7620-7640 HUB PARKWAY
VALLEY VIEW, OH
21510-21600 ALEXANDER
OAKWOOD VILLAGE, OH
5405-5505 VALLEY BELT
INDEPENDENCE, OH
100% LEASED | NORTHEAST OHIO THREE (3) PROPERTIES - 303,955 SF
MULTI-TENANT - OFFICE AND WAREHOUSE PORTFOLIO
CAPITAL MARKETS | INVESTMENT PROPERTIES
THE OFFERING
On behalf of the owner, CBRE is pleased to exclusively offer the opportunity to qualified investors to purchase a three (3) property portfolio located in three well located Northeast Ohio Cleveland Suburban markets; 7620-7640 Hub Parkway, Valley View; 21510-21600 Alexander Road, Oakwood Village and 5405-5505 Valley Belt, Independence.
The portfolio consists of:
+ Approximately 303,955 SF
+ The diversified portfolio is 100% leased to twenty (20) tenants
+ Offered without financing in-place allowing Purchaser flexibility of capital structure
+ Properties are available for purchase individually or as portfolio sale
+ All cash, no debt to be assumed
+ Seven (7) Light Industrial buildings:
OFFERING PRICE $13,250,000
PRICE PER SF $43.59 PSF
YEAR 1 NET OPERATING INCOME (NOI)
$1,061,035
YEAR 1 CAP RATE 8.0%
INVESTMENT HIGHLIGHTS
7620-7640 Hub ParkwayValley View, Ohio
2 Buildings 134,628 RSF 16.53 Acres
21510-21600 Alexander RoadOakwood Village, Ohio
3 Buildings 106,932 RSF 7.32 Acres
5405-5505 Valley Belt RoadIndependence, Ohio
2 Buildings 62,935 RSF 4.22 Acres
CAPITAL MARKETS | INVESTMENT PROPERTIES
© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
CONTACT INFORMATION
GEORGE STEVENS, SIOR, CCIM Vice President+1 216 363 [email protected]
In Cooperation with CBRE Financial Consulting Group (FCG)
CBRE, INC.950 Main AvenueSuite 200Cleveland, OH 44113 www.cbre.com/cleveland
VALLEY BELT
ALEXANDER ROAD
HUB PARKWAY
CAPITAL MARKETS | INVESTMENT PROPERTIES