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Investment Highlights
- Recent capital improvements including HVAC units, parking lot, and LED fixtures.
- Abundance of parking on site.
- Ideal location for company headquarters.
- Backup generator on site.
Executive Summary
The subject property is a 58,642 square foot office building situated on 4.05 acres of land in Cleveland Ohio. This asset offers an investor the opportunity to acquire and control a large site that is leased to a recession resistant, government backed tenant with investment grade credit. The property offers long-term stabilized cash flow and is being offered at a generous return in today’s environment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
60,860 SF
Building Class
B
Year Built/Renovated
1953/2007
Tenancy
Single
Building Height
1 Story
Typical Floor Size
58,642 SF
Slab To Slab
9’
Building FAR
0.34
Lot Size
4.05 AC
Zoning
Commercial
Parking
300 Spaces (5.12 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Full building opportunity available. Recent capital improvements including HVAC units, parking lot and LED fixtures. Ideal for company headquarters. Abundance of parking on site. Backup generator on site. Small receiving area with overhead door. Available 1/1/27. $16.65 / SF NNN Asking Rate.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 58,642 SF | Office | Full Build-Out | Jan 2027 |
1st Floor
| Size |
| 58,642 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Jan 2027 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 58,642 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Jan 2027 |
Full building opportunity available. Recent capital improvements including HVAC units, parking lot and LED fixtures. Ideal for company headquarters. Abundance of parking on site. Backup generator on site. Small receiving area with overhead door. Available 1/1/27. $16.65 / SF NNN Asking Rate.
Moderately walkable
60/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 014-07-002 | Improvements Assessment | $1,023,575 |
| Land Assessment | $246,995 | Total Assessment | $1,270,570 |
Property Taxes
Parcel Number
014-07-002
Land Assessment
$246,995
Improvements Assessment
$1,023,575
Total Assessment
$1,270,570
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map






