17887 Bagley Rd | Middleburg Heights, OH 44130
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17887 Bagley Rd
Middleburg Heights, OH 44130
Shoppes at Bagley| 3-Tenant NNN Retail Strip · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2019-Built, 3-Tenant NNN Retail Strip in Middleburg Heights, OH (Cleveland MSA)
- Anchored by IHOP (55% of GLA) on 20.5-Year NNN Lease into 2041 with 16 Years Remaining
- All NNN Leases with 100% Recovery of RE Taxes & Insurance, 90% Recovery of CAM, and 10-15% Admin Fees on CAM & Ins
- 11.3 Years WALT Across Three Experienced Mult-Unit Franchises of National Restaurant/QSR Brands
- Highway Exit Location – Just 0.2 Mile from I-71 Exit Ramps Seeing 105,785 VPD; Major North-South Interstate Spanning Cleveland’s West Side
- Ease of Management – Approx. 6-Year Old Building/ Infrastructure with Minimal Deferred Maintenance, Only 3 Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
7,479 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
2.07 AC
Zoning
GC - General Commercial
PROPERTY TAXES
| Parcel Number | 373-03-010 | Improvements Assessment | $316,050 |
| Land Assessment | $221,130 | Total Assessment | $537,180 |
PROPERTY TAXES
Parcel Number
373-03-010
Land Assessment
$221,130
Improvements Assessment
$316,050
Total Assessment
$537,180
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