7711 E Pleasant Valley Rd 670,702 SF 100% Leased Industrial Building Independence, OH 44131 $50,000,000 ($74.55/SF)

7711 E Pleasant Valley Road offers the unique opportunity to acquire an incredibly sizable industrial building with excellent highway connectivity and desirable specs in a park-like setting. This 670,702-square-foot warehouse, formerly Kichler Lighting's corporate headquarters for over 30 years, contains over 500,000 square feet of warehouse space and close to 100,000 square feet of office space. The estimated operating expenses for the building are $2 per square foot.

The property boasts an efficient layout, 480-volt 3-Phase power supply, and is fully outfitted for high-volume operations with an 18 to 45-foot clear height, 18 shipping bays, 29 docks, and five drive-ins, ideal space for a call center or operations center. New ownership can occupy up to 189,021 square feet. Tenants have access to the building's cafeteria, which serves breakfast and lunch and will also cater events, a fitness center, a private courtyard area, and over 200 allocated parking spaces.

Located in a coveted southern suburban location, 7711 E Pleasant Valley Road offers superior freeway access and convenience to surrounding neighborhood amenities. The property is minutes from Interstate 77, providing a seamless connection to Downtown Cleveland, Interstate 80, and beyond. 7711 E Pleasant Valley Road is primed to offer an ideal investment opportunity.