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1350 W Bagley Rd 3,000 SF 100% Leased Office Building Berea, OH 44017 $750,000 ($250/SF) 7.10% Cap Rate
Investment Highlights
- Recession-resistant anchor tenancy with Southwest General Health Center and LegoHeadz Barber Saloon.
- Both leases subject to base rent increases over the term.
- Management efficient investment with two (2) tenants under net lease structures provideing an inflationary hedge for investors.
- Ideally located as an outparcel to Bagley Commons adjacent to Burger King, Taco Bell, Broad View Eye Center, Rise & Grind Cafe and many other dining a
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,000 SF
Building Class
C
Year Built
1987
Price
$750,000
Price Per SF
$250
Cap Rate
7.10%
NOI
$53,230
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,000 SF
Slab To Slab
9’
Building FAR
0.01
Lot Size
6.64 AC
Zoning
Commercial
Parking
10 Spaces (2.74 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 361-32-018 | Improvements Assessment | $57,155 |
| Land Assessment | $57,890 | Total Assessment | $115,045 |
Property Taxes
Parcel Number
361-32-018
Land Assessment
$57,890
Improvements Assessment
$57,155
Total Assessment
$115,045
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1350 W Bagley Rd
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