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Absolute NNN O'Reilly Auto Investment Sale 11011 Lorain Ave 10,346 SF 100% Leased Retail Building Cleveland, OH 44111 $915,000 ($88.44/SF) 6.90% Cap Rate
Investment Highlights
- #3 out of 15 stores within a 15 mile radius, 86% ranking (Per Placer.ai)
Executive Summary
Back on the Market!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,346 SF
Building Class
C
Year Built
1945
Price
$915,000
Price Per SF
$88.44
Cap Rate
6.90%
NOI
$63,135
Percent Leased
100%
Building Height
1 Story
Building FAR
0.34
Lot Size
0.69 AC
Zoning
LR
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 018-07-001 | Improvements Assessment | $125,195 |
| Land Assessment | $33,600 | Total Assessment | $158,795 |
Property Taxes
Parcel Number
018-07-001
Land Assessment
$33,600
Improvements Assessment
$125,195
Total Assessment
$158,795
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