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Office Building 33610 Solon Rd 7,000 SF 100% Leased Office Building Solon, OH 44139 $868,000 ($124/SF) 7.66% Cap Rate
Investment Highlights
- Updates 2026: Roof, All Windows, Rooftop A/C and More!
- Spaces are Flexible
- Great Solon Location with Easy Freeway Access
Executive Summary
Excellent owner-occupant or investment opportunity in a convenient downtown Solon location, just minutes from SR 422! This well-maintained all-brick office building offers approximately 9-12 potential office suites across three levels of rentable space, providing tremendous flexibility for an owner-user, investor or combination of both. Major improvements include a newer roof, all new windows and numerous additional updates. The first floor is currently configured as one large suite but can be divided into two separate suites and includes a kitchen, modular conference room, storage area and cubicles, which are available for purchase. The second floor offers four office suites, while the walk-up lower level provides approximately 4-6 additional suites. Each of the three levels features two restrooms. Multiple-zoned HVAC provides added flexibility and efficiency. Seven suites are currently leased, creating existing income with some flexibility in suite locations to accommodate an owner-occupant. Tenants are responsible for their own gas and electric. A new monument sign is being installed, with tenants paying additional monthly rent for sign space. Excellent opportunity for a professional office user looking to occupy a portion of the building while benefiting from tenant income, or an investor seeking a flexible multi-tenant office property in the heart of Solon. Convenient to restaurants, shopping, services and highway access. A unique opportunity with multiple potential configurations and income streams!
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
1987/2026
Price
$868,000
Price Per SF
$124
Cap Rate
7.66%
NOI
$66,489
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Slab To Slab
9’
Building FAR
0.34
Lot Size
0.47 AC
Zoning
U-5
Parking
25 Spaces (0 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Central Heating
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 952-21-001 | Improvements Assessment | $148,470 |
| Land Assessment | $60,025 | Total Assessment | $208,495 |
Property Taxes
Parcel Number
952-21-001
Land Assessment
$60,025
Improvements Assessment
$148,470
Total Assessment
$208,495
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