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Kelso Medical Building-Contig Lots & Parking 1365 Kelso Dr 6,400 SF 61% Leased Office Building Kent, OH 44240 $1,100,000 ($171.88/SF)



Investment Highlights
- Suite 1: ±3,624 SF - office space (currently leased to the Cleveland Clinic)
- b Suite 2: ±2,519 SF - unfinished office space
- Gross Annual Rental Income: $54,000
Executive Summary
Property Facts
Amenities
- Property Manager on Site
- Security System
- Signage
- Central Heating
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- $15.01
- Triple Net
- Jan 2027
Cleveland Clinic is a nonprofit academic medical center founded in 1921 by four physicians in Cleveland, Ohio. Established as a multispecialty group practice integrating patient care, research, and medical education, the organization has expanded over time into a large, integrated health system with national and international operations. Cleveland Clinic is owned and operated by the Cleveland Clinic Foundation and remains privately held as a nonprofit entity. The organization provides a broad range of inpatient, outpatient, primary, and specialty care services across numerous medical disciplines. Its model emphasizes physician-led care delivery supported by clinical research and educational programs. Cleveland Clinic has achieved recognition for medical innovation, including early advancements in cardiovascular diagnostics and surgical techniques, and the establishment of dedicated research institutes supporting translational medicine. The Beachwood, Ohio presence functions as part of Cleveland Clinic’s Northeast Ohio market and includes outpatient, administrative, and specialty care facilities serving the eastern suburbs of the Cleveland metropolitan area. These locations support ambulatory care, physician practices, and administrative operations while remaining integrated with the system’s broader clinical and operational infrastructure.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Health Care and Social Assistance | - | $15.01 | Triple Net | Jan 2027 |
Property Taxes
| Parcel Number | 04-032-00-00-054-005 | Improvements Assessment | $200,130 |
| Land Assessment | $30,520 | Total Assessment | $230,650 |
Property Taxes
Presented by
Kelso Medical Building-Contig Lots & Parking | 1365 Kelso Dr
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