2892-2992 E 116th St | Cleveland, OH 44120
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2892-2992 E 116th St
Cleveland, OH 44120
Dollar Tree & Hibbett Sports OPPORTUNITY ZONE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fee Simple Two National Credit Tenant; Dollar Tree & Hibbett Sports; Both Publicly Traded Companies
- Located in Opportunity Zone for further Investment and Tax Benefits; New Roof membrane in 2018
- Strong Visibility Along E 116 St with Over 14,000 cars per day
- Strong Traffic and Performance Indicators; Tenants are essential part of the community;
- Dense In-fill Location with 330,000 Residents Within 5 Miles; Ideal Demographics for Tenant Type
- Nearby Retailers include McDonalds, Rally’s, Little Caesars, Wendy’s, Popeye’s, Dollar General, Simon’s Supermarket, Boost Mobile
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,000 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.92 AC
Zoning
Opportunity Zone - Opportunity Zone for Tax Benefits
Parking
38 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
99’ on 116th
AMENITIES
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $348,075 | |
| Land Assessment | $40,915 | Total Assessment | $388,990 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$40,915
Improvements Assessment
$348,075
Total Assessment
$388,990
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