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Shopping Center Across Future Casino In Randall
4681 Northfield Rd, Cleveland, OH 44128
Tradewinds Caribean foods
Last Verified 1/26/2012
Listing ID 14659341
Highlights
Fully rented High traffic- 100% Leased
- Generates good cash flow
- Priced below replacement cost
- Leases are NNN - Little maintenance
- Great Location
Description
This facility near I 271 & I 480 on the busy street of Northfield (Ohio S.R. 8) is already occupied by a AAA national tenant and by a Carribean Food Retailer, and auto repair facility (Aproximatly 100% occupied.
Built in 2 stages - 1988 and 1998 - this is a nice building and will make an investment property.
Its cash flow covers its debt and there is 40% of the building to rent yet.
Remaining space is ideal for Automotive operation (Muffler shop, repair center, customizing store, transmission store or body shop or any other automotive use.
Over 100 parking spaces makes this an ideal space for a fast growing investment.
Minutes from beachwood mall, and chagrin rd on the very busy Northfield rd. This is an ideal location for a good business.
Actual
2006
$101,000
$101,000
$101,000
$84,500
$84,500
| Tenant | SF Occupied | Lease Expired | |
|---|
| QC Finance Company (Publicly Traded) AAA | 3,000 | | |
| Tradewind Foods | 1,650 | | |
| Mall Displays | 500 | | |
| Auto Accents | 3,350 | 8/1/2011 | |
Map of 4681 Northfield Rd, Cleveland, OH 44128 (Cuyahoga County)
Created 6/12/2006
Additional Information for 4681 Northfield Road, North Randall, OH 44128
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for Cleveland, OH Retail For Sale
| |
Jan 12 |
vs. 3 mo.
prior |
Y-O-Y |
- State | $79 | -1.1% | -7.5% |
- Metro | $82 | -2.3% | -9.2% |
- County | $81 | -1.4% | -11.5% |
|
- City | $72 | -2.1% | -5.3% |
View Cleveland Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO