Contacts
Colliers
Colliers
Property Details
- Property Type Industrial - Warehouse/Distribution
- Lot Size 1.56 SF
- Year Built 1990
- Date Updated May 15, 2026
This offering presents a rare opportunity to acquire a 68,128 SF condominiumized industrial facility leased long-term to Pollak Food Distributors, a mission-critical user that relies on the facility as its corporate headquarters and primary distribution center. The asset features specialized cold-storage infrastructure—including a large freezer, cooler section, and fully equipped dock positions—supporting the tenant’s regional distribution operations.
The property is 100% leased on a triple-net (NNN) basis, with the tenant responsible for taxes, insurance, and maintenance, providing investors with a stable income stream.
Investment Highlights
1. Long-Term Stability: The current lease commenced 7/16/2025, and as of 8/1/2026, there will be 10.5 years of remaining term with an annual NOI of $304,116 through 2027.
2. Triple-Net Lease Structure: Fully leased to Pollak Food Distributors on a triple-net (NNN) basis.
3. High-Quality Cold Storage Infrastructure: The building includes a large freezer and cooler (Tenant responsibility to maintain and restore), complemented by nine (9) active, fully equipped docks, all essential to Pollak’s distribution needs.
4. Landlord Roof Replacement: A significant benefit to a buyer—the Landlord is contractually obligated to replace the roof this year. Planning for that work is already underway, meaning an investor will inherit a major capital improvement without added cost.
5. Future Flexibility: Tenant holds two (2) five-year options with nine (9) months’ notice, providing additional long-term stability potential.
Reach out to the broker for more info on lease terms and amenities
Getting around
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31/100
Walk Score ®
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37/100
Transit Score ®
-
45/100
Bike Score ®
Location
- City Euclid, OH
- Zip Code 44132
Points of Interest
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Stokes-Windermere Station
5.62 miles
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Superior
6.24 miles
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Coventry
8.35 miles
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Warrensville–Van Aken
8.80 miles
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Buckeye–Woodhill
9.30 miles
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Lake Shore Live Steamers
9.48 miles
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East 79th
9.88 miles
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BP
0.19 miles
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Sunoco
0.73 miles
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Shell
0.87 miles
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Marathon
1.14 miles
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Gas Mart
1.37 miles
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Speedway
1.48 miles
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Leviton
2.66 miles
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ChargePoint
4.99 miles
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Tesla Destination Charger
5.00 miles
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eVgo
6.12 miles
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Wash Works
0.70 miles
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Precision Auto Wash
0.74 miles
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Meticulous Car Wash & Detail
0.78 miles
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Ultimate Wash
2.16 miles
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Willow Wash
3.10 miles
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Zappy's Auto Wash
3.67 miles
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Enterprise
3.72 miles
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OK Car Wash
4.32 miles
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Willo Wash
4.38 miles
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Gentle Touch Car Wash
4.64 miles
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Paradise Island Saloon
0.41 miles
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Mama Catena Vino e Cucina
0.60 miles
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KFC
0.65 miles
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Guy's Pizza
0.66 miles
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Disco
0.67 miles
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Carmella's Pizza Bazaar
0.68 miles
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Georgio's
0.70 miles
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Arby's
0.71 miles
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Taco Bell
0.72 miles
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R-Ribs BBQ
0.74 miles