research & technology facility€¦ · 2016 demographics 1 mile 3 miles 5 miles population...

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www.cbre.com/cleveland FOR SALE RESEARCH & TECHNOLOGY FACILITY 25241 DETROIT ROAD WESTLAKE, OHIO CONTACT US STEVE ROSS Senior Associate +1 216 363 6423 [email protected] FRED HERRERA First Vice President +1 216 363 6408 [email protected] JACOB WESTFALL Associate +1 216 363 6447 [email protected]

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Page 1: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

www.cbre.com/cleveland

FOR SALE

RESEARCH & TECHNOLOGY FACILITY 25241 DETROIT ROAD WESTLAKE, OHIO

CONTACT US

STEVE ROSSSenior Associate+1 216 363 [email protected]

FRED HERRERAFirst Vice President+1 216 363 [email protected]

JACOB WESTFALLAssociate+1 216 363 [email protected]

Page 2: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

PROPERTY DETAILS

The subject property is in the city limits of Westlake with access off of Detroit Road and with an easement off Columbia Road. The property is located just south of I-90 with an exit at Columbia Road. Area amenities are located to the west and north which include fast food, casual dining, service station, banking, fitness center, and hotels.

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

DETROIT ROAD

CO

LUM

BIA

RO

AD

BUILDING 1 BUILDING 2

Product Type R&D, Pilot Lines, Office/Lab Office

Year Built 1982 1988

Size 200,000 SF 38,000 SF

Property Size ±30 Acres

Parking 579 (2.43/1,000 SF) 579 (2.43/1,000 SF)

Zoning Office/Laboratory Office/Laboratory

Column DistanceNorth-South: 23’6” to 43’East-West: 27’6” to 49’ 5”

North-South: 25’East-West: 15’ to 26’6”

Ceiling Height1st Floor: 18’

2nd Floor: 14’4”1st Floor: 18’

2nd Floor: 14’8”

Elevators 1 passenger, 1 freight None

SALE PRICE $9,000,000

Page 3: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

Population 7,100 67,665 154,674

Average Age 42.2 43.6 42.2

Households 3,042 29,781 67,374

Average HH Income $107,355 $97,714 $90,125

Average Home Value $259,779 $236,535 $216,498

SITE PLAN

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

Page 4: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

FLOOR PLANSBuilding 1 - 1st Floor

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

Page 5: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

Building 1 - 2nd FloorFLOOR PLANS

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

Page 6: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

FLOOR PLANSBuilding 2 - 1st Floor

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

Page 7: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

FLOOR PLANSBuilding 2 - 2nd Floor

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

Page 8: RESEARCH & TECHNOLOGY FACILITY€¦ · 2016 DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Population 7,100 67,665 154,674 Average Age 42.2 43.6 42.2 Households 3,042 29,781 67,374 Average HH

© 2016 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.

www.cbre.com/cleveland

FOR SALERESEARCH & TECHNOLOGY FACILITY

25241 DETROIT ROAD WESTLAKE, OHIO

CONTACT US

STEVE ROSSSenior Associate+1 216 363 [email protected]

FRED HERRERAFirst Vice President+1 216 363 [email protected]

JACOB WESTFALLAssociate+1 216 363 [email protected]

25241 DETROIT ROAD

25241 DETROIT ROAD