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General Retail For Sale • 26,000 SF
| Highly Desirable, Extremely Rare Offering: 2 Building, All NNN, 78% Occupied Ctr in Highly Affluent Area Anchored by Panera Bread (Long-Term Lease) |
| Major Upside Available (Anticipated Approx. $2.7M+ at Stabilization) Through Lease-Up of Two Vacancies & Many Tenants with Built-In Rental Increases |
| Immaculate Curb Appeal in One of Cleveland’s Most Sought After Areas for Residents & Businesses: Extremely High Avg. HH Incomes $195k+ in 3 miles |
| Acclaimed School System: Report Card Rank #1 in the State for 8 Yrs in a Row, 15 Yrs in a Row by Cleveland Magazine & Ranked Top Places to Raise Kids |
| Panera with Drive-Thru and Middlefield Bank with Double Drive-Thru | Over 63% of Leased Space has Been Renewed (Including All Three Anchor Tenants) |
| Cap Rate: | 6.75 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Burger Fresh | 1,869 SF | 6/1/2030 |
| Middlefield Bank | 2,460 SF | 8/1/2030 |
| Mitchell's Homemade Ice Cream | 2,500 SF | 12/1/2026 |
| Paint Nail Bar | 1,412 SF | 6/1/2033 |
| Panera Bread | 6,168 SF | 7/1/2035 |
| V/O Med Spa | 3,000 SF | 8/1/2030 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Cleveland-Hopkins International | 37 min | - | 24.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 140 |
| Type: | Surface |
| Included in Rent: | Yes |
Daniel Cooper
Cooper Commercial Investment Group
Daniel Cooper
Cooper Commercial Investment Group