loader
Join

Current Status *

Current Status Required

Ownership

Lease Type

State

Region

State

City / Metro

Property Type

  • Tenant Type

Tenant Name

Total # Tenants

Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 12 Updated: 01.16.26 Posted: 01.16.26 Status: Active     01.16.26

Summary

Price $4,000,000
Built/Renov 1992/2023
Tenant STG Logistics
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 11,755
Lease Start 09-01-2023
#Units 70
Price/SF $340.28
Expiration 09-30-2028
Tenant Type Industrial
NOI $280,078
R. Term 2.8
Ownership Fee Simple
Rent/SF $23.83
Increases 3.0%/1/yrs
Pop 5Mi 116,876
Lot/AC 5.04
Options 2/5yrs/3%
AHHI 5Mi $54,847

Highlights

  • STG Logistics operates under a long-term lease structure, providing stable and predictable cash flow.
  • The property is located within an established industrial and logistics corridor, surrounded by warehouse, manufacturing, and distribution facilities serving Northeast Ohio.
  • The freestanding industrial facility is situated on a commercial parcel designed to support logistics operations, offering efficient site access and functionality.
  • The lease is backed by STG Logistics, a nationally recognized third-party logistics provider with an established operating platform.

Location Description

STG Logistics is strategically located on Glenbrook Road, offering convenient access to major transportation routes within the greater Cleveland metropolitan area. The property benefits from immediate proximity to Interstate 90 and State Route 2, providing efficient connectivity to regional and national distribution networks. The site is located within a well-established industrial and...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

STG Logistics Inc. is the nation’s largest fully integrated port-to-door service provider, delivering comprehensive supply chain solutions to customers across North America. The company provides...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Get NNN Listings, News
& Insights in Your Inbox