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NOMS Healthcare 1230 Park Ave 46,777 SF Office Building Amherst, OH 44001 $8,300,000 ($177.44/SF) 8.03% Cap Rate
EXECUTIVE SUMMARY
Kwekel Companies is pleased to offer the sale leaseback of NOMS Healthcare’s 46,777 square foot office building located on a 6.3 acre site near Cleveland, OH. NOMS Healthcare will execute a new 15 year absolute NNN lease at closing. This is an opportunity to acquire a quality facility occupied by an award winning company who has maintained an impressive track record of steady growth and profitability.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
46,777 SF
Building Class
B
Year Built
1998
Price
$8,300,000
Price Per SF
$177.44
Cap Rate
8.03%
NOI
$666,572
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
23,389 SF
Building FAR
0.14
Lot Size
7.75 AC
Zoning
GB-1 - General Business
Parking
300 Spaces (6.41 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,742,229 | |
| Land Assessment | $228,480 | Total Assessment | $1,970,709 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$228,480
Improvements Assessment
$1,742,229
Total Assessment
$1,970,709
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NOMS Healthcare | 1230 Park Ave
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