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Maybel Plaza 4257 Mayfield Rd 1,440 SF Retail Building South Euclid, OH 44121 $2,279,000 ($1,582.64/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on Highly-Desirable Mayfield Road
- Retail Uses Include Healthcare, Pharmacy, Restaurant and Service
- 289,000 People Earning Over $93,000 in 5 Miles
- Dollar General (NYSE: DG) Anchored Since 2012
- Situated at the Corner of Mayfield and Belvoir with Over 35,000 VPD
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,440 SF
Building Class
C
Year Built
1960
Price
$2,279,000
Price Per SF
$1,582.64
Cap Rate
8.50%
NOI
$193,715
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.12 AC
Zoning
C
Parking
8 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
42’ on MAYFIELD RD
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 703-01-020 | Improvements Assessment | $23,940 |
| Land Assessment | $9,555 | Total Assessment | $33,495 |
PROPERTY TAXES
Parcel Number
703-01-020
Land Assessment
$9,555
Improvements Assessment
$23,940
Total Assessment
$33,495
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Maybel Plaza | 4257 Mayfield Rd
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