4677 Manufacturing Rd, Cleveland, OH 44135Show
Cleveland, OH | 41,081.00 sq. ft. | Est $ 2,835,081.97/mo
Space Available: | 41,081.00 sq. ft. |
Type: | Industrial - Warehouse |
Est. Rent: | $76.68/SF/Month $920.16/SF/Year |
Passov Investment Group has been exclusively retained by Ownership to sell the WABTEC/Swiger Coil Systems property located at 4677 Manufacturing Road, Cleveland, OH 44135. WABTEC (NYSE: WAB) or Westinghouse Airbrake Technology Corp, is publicly traded on the NYSE and is a leading global provider of equipment, systems, digital solutions, and value added services for the freight and transit rail sectors. The company has more than 27,000 employees in over 50 countries worldwide and its current market value is $17.016B and has more than $8B in annual sales.The subject property was built in two separate phases (1962, 1988) and comprises 41,081 SF, of which 3,370 SF is allocated to office space. The property has been meticulously maintained over the years and has seen significant and ongoing upgrades, including a new roof replacement on the entire building in 2019. The property is located in an industrial park that is currently 98% occupied and less than 1 mile from the Cleveland Hopkins International Airport, Cleveland International Exposition Center and the NASA Glenn Research Center. The site also has irreplaceable access to major thoroughfares I-480 and I-71, two of the most heavily trafficked highways in all of Ohio.WABTEC recently executed a lease extension that extends its lease through July of 2027. This same operation has been operating at this location since 1975 and has spent more than $350,000 in its own funds in recent capital improvements.
Warehouse Property Information
4677 Manufacturing Rd provides tenants 41081 square feet of warehouse space for rent in Cleveland, OH.
This property is ideal for businesses seeking quality space for distribution, manufacturing and other warehouse uses.
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