Property Details

United Stars, Inc.

Euclid, OH
Property ID: 11836

Financial Summary

Asking Price $6,000,000
Cap Rate 8.00%
Net Operating Income (NOI) $480,000
Lease Type NNN
Lease Term Remaining 20 Years

Offering Memorandum

To download this Offering Memorandum, please enter your name, email and phone.
Continue

Contact

Jonathan W. Hipp
President & CEO
703.787.4725
Richard Murphy, CCIM
Managing Director
571.449.8234
Stanley Wyrwicz
Senior Managing Director
617.261.8584

Share Property

Highlights

  • Sale-leaseback structure with 20-year absolute NNN lease with no landlord responsibilities, commencing at closing
  • United Stars is a financially strong company
  • Facility suited to heavy manufacturing
  • Property has been in continuous operation since 1925
  • Known as The Crane Building, contains 4 cranes ranging between 30-150 tons
  • Excellent access to I-90 and adjacent to active rail spur
  • 50’ ceiling heights

Location

1441 Chardon Road
Euclid, OH

Amanda WillisUnited Stars, Inc.