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Current Inventory

Galaxy Corporate Center

25111 Miles Road, Warrensville Heights, OH, 44128
  • Agent(s):
    Kyle Hartung
  • Name:
    Galaxy Corporate Center
  • Address:
    25111 Miles Road, Warrensville Heights, OH, 44128
  • Total SF:
    206,916
  • Option:
    For sale
  • Category:
    Investment Sales

» Full Offering Memorandum

Details

For sale to qualified investors is the fee-simple interest in Galaxy Corporate Center. The offering includes eight buildings and over 30 tenants situated on 16.91 prime commercial acres in Cleveland, Ohio. Commencing construction of building 1 in 1988 and building 8 in 1998, the owners continually grew the center over a decade-long period to meet rising demand in the area. Today, the property is approximately 91% leased and offers the investor an incredible opportunity to enjoy stable cash flow from a property with proven performance while also increasing value with future lease-up. Tenants range from local to national with lease terms ranging from one to six years in length, providing staggered lease renewal dates. The property is located on Miles Road between highway interchanges of I-480 and I-271, two of the most highly-trafficked interstates in the Cleveland area. This area is a hub for transportation, warehouse, design, office, and service industries with clientele through Northeast Ohio and beyond. Directly across the street is a 600,000 square foot Coca-Cola bottling facility and recently-opened 31-acre Amazon fulfillment center. Both have located here due to the location and nearby highway infrastructure. Additionally, surrounding this area lies Beachwood, Solon, Pepper Pike, Orange, and more of Cleveland’s wealthiest eastern suburbs. The regional reach combined with heavy local traffic and affluent surrounding communities have allowed Galaxy Corporate Center and the surrounding area to flourish.

Location

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