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13700 State Rd 15,135 SF 84% Leased Office Building North Royalton, OH 44133 $825,000 ($54.51/SF) 6.66% Cap Rate



Investment Highlights
- Hight Traffic Count
- Excellent Signage on State Road
- Abundance of free surface parking
- Adjacent to Giant Eagle
Executive Summary
Attractive 3 story well maintained colonial office/medical Building.
Great flexibility for buyers to use building for their own or rent out for investment.
Inviting lobby and charming offices.
Current owners will sign a new five year lease
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Colonial Life is an insurance provider offering voluntary workplace benefits, including life, disability, accident, and critical illness coverage. Founded in 1939, the company supports employers with benefit education and enrollment solutions designed to help workers understand and manage their insurance options. As a subsidiary of Unum Group, it plays a role within a larger financial protection organization serving businesses across the United States. The company has introduced technology-driven tools to streamline benefits administration and claims processes.The organization remains focused on helping employers deliver supplemental insurance programs that align with workforce needs.
Metasystems is the ERP expert for small to mid-size manufacturing companies implementing an ERP. Their “partner” approach covers every area of your business, including manufacturing, engineering, sales, customer service, purchasing, and accounting. For over 45 years, their expertise in manufacturing has helped companies become more efficient, more profitable and ready for growth. Their innovative ERP software and service is delivered by a seasoned team with deep knowledge of your industry. From the first meeting, you’ll see that their team is made of problem-solvers, not salespeople.
Micro 21 has been in the business of providing superior finance systems, primarily for Automobile dealerships, for over 28 years. Micro 21 began providing these systems back in 1974 on programmable calculators. As the years have passed, Micro 21 stayed current with the new Hardware and Software platforms that were introduced. Micro 21 has been successful over these 28 years because we have remained focused on our niche, providing superior finance systems, primarily for the auto industry. We accomplish this by remaining in close contact with the users of our systems. We stay in tune with the ever changing requirements needed by the systems that we provide.
- Perkins Insurance Agency Inc
- Finance and Insurance
- -
- -
- -
- -
- Promotions Plus
- Arts, Entertainment, and Recreation
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Finance and Insurance | - | - | Plus Electric | - | |
|
Information | - | - | - | - | |
|
Information | - | - | - | Jan 2010 | |
| Perkins Insurance Agency Inc | Finance and Insurance | - | - | - | - | |
| Promotions Plus | Arts, Entertainment, and Recreation | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- Lower Level-Ste 100
- 1,200 SF
- Office
- Partial Build-Out
- Now
1,200 SF Office/Medical Great exposure and Traffic count In the heart of the presigous city of North Royalton Utilities included!!!
| Space | Size | Space Use | Build-Out | Available |
| Lower Level-Ste 100 | 1,200 SF | Office | Partial Build-Out | Now |
| 2nd Floor | 1,200 SF | Office/Medical | Partial Build-Out | Now |
Lower Level-Ste 100
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,200 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Floor
| Size | 1,200 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
1,200 SF Office/Medical Great exposure and Traffic count In the heart of the presigous city of North Royalton Utilities included!!!
Property Taxes
| Parcel Number | 488-07-016 | Improvements Assessment | $239,085 |
| Land Assessment | $56,280 | Total Assessment | $295,365 |
Property Taxes
Presented by
Jack Sanfilippo
13700 State Rd
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