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North Solon Office Commons 30670 Bainbridge Rd 10,560 SF 100% Leased Office Building Solon, OH 44139 $1,350,000 ($127.84/SF)
INVESTMENT HIGHLIGHTS
- Investment Opportunity
EXECUTIVE SUMMARY
10,560± SF Total Two-Story Brick Office Complex
8,870± SF RSF
1,690± SF Common Area
1.07± Acres
New Roof, Windows and HVAC within past 5 years
Fiber Optic Available at Building
New Patio 2022
Five (5) Tenants:
L & M Legal
August Sales Co., Inc.
Genus Solutions Inc.
CLE Limpieza
Amaltech, Inc.
Easy Access to US Route 422, State Route 91 and State Route 43
North Solon Office Commons:
Building #1 of a 3 Building Complex
Common Easement for Ingress and Egress
Ample and Shared Parking
Snow Removal Shared by Common Members
Trash Removal Shared by Common Members
Capital Improvement on Easement Shared between Members
Financial Breakdown:
January 2024 - December 2024
Total Income - $136,884.00
Total Expenses - $32,692.54
NOI $104,196.46
8% $1,302,000.00
9% $1,157,682.80
8,870± SF RSF
1,690± SF Common Area
1.07± Acres
New Roof, Windows and HVAC within past 5 years
Fiber Optic Available at Building
New Patio 2022
Five (5) Tenants:
L & M Legal
August Sales Co., Inc.
Genus Solutions Inc.
CLE Limpieza
Amaltech, Inc.
Easy Access to US Route 422, State Route 91 and State Route 43
North Solon Office Commons:
Building #1 of a 3 Building Complex
Common Easement for Ingress and Egress
Ample and Shared Parking
Snow Removal Shared by Common Members
Trash Removal Shared by Common Members
Capital Improvement on Easement Shared between Members
Financial Breakdown:
January 2024 - December 2024
Total Income - $136,884.00
Total Expenses - $32,692.54
NOI $104,196.46
8% $1,302,000.00
9% $1,157,682.80
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,560 SF
Building Class
B
Year Built
1987
Price
$1,350,000
Price Per SF
$127.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,280 SF
Slab To Slab
9’
Building FAR
0.23
Lot Size
1.07 AC
Zoning
I-2 - Industrial, Manufacturing
Parking
50 Spaces (4.73 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Genus Solutions Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Genus Solutions Inc | Professional, Scientific, and Technical Services | - | - | - |
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PROPERTY TAXES
| Parcel Number | 951-30-017 | Improvements Assessment | $125,090 |
| Land Assessment | $79,590 | Total Assessment | $204,680 |
PROPERTY TAXES
Parcel Number
951-30-017
Land Assessment
$79,590
Improvements Assessment
$125,090
Total Assessment
$204,680
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North Solon Office Commons | 30670 Bainbridge Rd
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