for sale or lease free-standing industrial & office · hotels 10 hotels/1,190 rooms 1. holiday...
TRANSCRIPT
PROPERTY HIGHLIGHTS
+ 1.92 acres
+ 30,720 SF
+ Year built: 1970
+ Zoning: Light Industrial
+ LEASE RATE: $4.25/NNN
+ ASKING PRICE: $1,300,000
www.cbre.us/cleveland
FOR SALE OR LEASE
FREE-STANDING INDUSTRIAL & OFFICE821 SHARON DRIVE | WESTLAKE, OH
CONTACT US
FRED HERRERASenior Vice President+1 216 363 [email protected]
CBRE, INC.950 Main AvenueSuite 200Cleveland, Ohio 44113
NEW ROOF | ONGOING BUILDING IMPROVEMENTS
www.cbre.us/cleveland
FOR SALE OR LEASEFREE-STANDING INDUSTRIAL & OFFICE821 SHARON DRIVE, WESTLAKE, OH 44145
SITE PLAN
PROPERTY FEATURES
+ 11.5’ - 15’ clear
+ Manufacturing
+ 480V/600 amp power
+ Three (3) docks
+ One (1) drive-in door (10’ x 12’)
+ Unit heaters
+ 3,100 SF of office space
+ Industrial park setting
+ Masonry and pre-engineered metal construction
SUBJECT BUILDING
PROPOSED
CORNERSTONE BUSINESS CENTER
www.cbre.us/cleveland
FOR SALE OR LEASEFREE-STANDING INDUSTRIAL & OFFICE821 SHARON DRIVE, WESTLAKE, OH 44145
PROPERTY PHOTOS
www.cbre.us/cleveland
© 2019 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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. Licensed Real Estate Broker.
FOR SALE OR LEASEFREE-STANDING INDUSTRIAL & OFFICE821 SHARON DRIVE, WESTLAKE, OH 44145
City
Lake Erie
Bay High School
Cuyahoga Community
CollegeWestshore
WestlakeHigh School
LakewoodCountry Club
BRA
DLE
Y RD
BRA
DLE
Y RD
DETROIT RD
BAY VILLAGE
WESTLAKE
CRO
CKE
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CRO
CKER RD
DO
VER CEN
TER RD
DO
VER CEN
TER RD
WESTWOOD RD
CA
NTERBU
RY RDC
AN
TERBURY RD
CO
LUM
BIA RD
CLA
GU
E RD
LAKE RD
CO
LUM
BIA RD
BASSETT RD
BASSETT RD
CLEMENS RD
WOLF RD
WOLF RD
DETROIT RD
SPERRY RD
CENTER RIDGE RD
HILLIARD BLVD
HILLIARD BLVD
Huntington Beach
HylandSoftware
All ProFreight
Energizer
TravelCenters of AmericaAmerican
Greetings
254
113
254
254
113
252
252
6
20
20
INTERSTATE
90
INTERSTATE
90
Koyo Corp
11,520
4,454
8,860
11,673
93,382
91,180
85,142
17,540
10,786
30,226
11,9
67
12,944
12,857
21,761
15,377
23,715•10,952
4,524
3,090
11,247
8,60
0
11,167
11,194
5,875
26,831•
36,1
77
9,730
10
98
432
5
6
7
1
WilliamsburgSquare
CSU West Ctr
Found from website recreated PMS
SAVANNAH COMMONS
PROMENADE AT CROCKER PARK
BAY VILLAGE SQUAREFound from website recreated PMS
DOVER COMMONS
Proposed
STEIN MART PLAZA
WEST BAY PLAZA
Relocating
Planned
CROCKER PARK
Proposed
OpeningSoon:
Last Updated: November 9, 2018CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners.Traffic Counts: Ohio Department of Transportation (ODOT) 2017-2018
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
Licensed Real Estate Broker
WESTLAKE–CROCKER PARKRETAIL TRADE AREA
HOTELS10 Hotels/1,190 Rooms
1. Holiday Inn Express - 91 Rooms2. Extended Stay America - 73 Rooms3. Sonesta ES Suites - 104 Rooms4. DoubleTree - 269 Rooms5. Red Roof Inn - 98 Rooms6. Hampton Inn - 122 Rooms7. Hyatt Place - 110 Rooms8. Super 8 - 115 Rooms9. Courtyard - 122 Rooms10. Townplace Suites - 86 Rooms
MAJOR OFFICE BLDGS±3.8 MSF (3 Miles; Source: CoStar)
1. Atrium of Westlake - 60,000 SF2. Crocker Park - 772,376 SF3. Gemini I & II - 148,4984. Crocker Corporate Center - 63,251 SF5. LaCentre Office Plaza - 139,805 SF6. King James South - 274,947 SF7. Point 5 & 6 - 188,758 SF
TRADE AREA INFO Detroit Road & Crocker Road(3 Miles)
• Population: 55,038• Daytime Population: 56,7465• Average HH Income: $120,147• Total Businesses: 2,156• Total Employees: 35,259
MAJOR EMPLOYERS
1. Highland Software - 1.665 employees2. American Greetings - 1,564 employees3. Scott Fetzer Co - 1,358 employees4. St. John Medical Center - +1,200
employees5. Nordson Corp - 716 employees
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5
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821 SHARON DRIVE
DEMOGRAPHIC OVERVIEW - 5 MILE RADIUS
163,711POPULATION
43.3MEDIAN AGE
86,567EMPLOYEES
71,640HOUSEHOLDS
$227,653AVERAGE HOUSING
VALUE
$90,745AVERAGE HH
INCOME