7711 E Pleasant Valley Rd — Sale in Independence, OH
- Price: $53.9M
- Listing type: For sale
- Asset type: Industrial Property
- Location: Independence, OH 44131
- Size: 670,702 SF
Investment Figures
- Price per square foot
- $80
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The building located at 7711 E. Pleasant Valley Rd contains over 500,000 SF of warehouse space and close to 100,000 SF of office space. It sits in a park-like setting, also has a courtyard. It is within a preferred southern suburban location with excellent freeway access.
Market Context
This industrial in Independence, OH is listed for sale at $53,913,720 across 670,702 SF. It has been on the market for 54 days. Compare it against other industrial listings for sale in Independence, OH — view the full market.
As of Q1 2026, the Cleveland industrial market showed an 8.8% vacancy rate, and cap rates around 10.5%. Source: multiple brokerage reports, Q1 2026.
Industrial market FAQ
- What is the typical cap rate for industrial in Cleveland?
- About 10.5% as of Q1 2026, per multiple brokerage reports.
- Is the Cleveland industrial market tightening or softening?
- Vacancy is around 8.8% (Q1 2026).
Contact
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
- Terry Coyne · 1216453-3001 · terry.coyne@nmrk.com
- Claire Coyne · 1216453-3015 · claire.coyne@nmrk.com
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