4639 Northfield Rd | Cleveland, OH 44128
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- LoopNet Team
4639 Northfield Rd
Cleveland, OH 44128
100% Occupied Retail Strip Center · Retail Property For Sale
Investment Highlights
- Future redevelopment opportunity - ability to cash flow for the short term to prepare for a retail/industrial redevelopment in the future
- Landlord is no longer responsible for HVAC replacement or repair for iStyle Furniture Tenant
- Value World and iStyle Furniture have been in this location since 2007 and 2009, respectively
- The current rents are significantly below market rents
- The location benefits from its proximity to a strong retail trade area, industrial distribution and ease of access to the highway
- Unencumbered Asset
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
63,000 SF
Building Class
C
Year Built
1968
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.27
Lot Size
5.32 AC
Zoning
C-1
Parking
300 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
331’ on Northfield Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 771-09-006 | Improvements Assessment | $201,005 |
| Land Assessment | $243,250 | Total Assessment | $444,255 |
Property Taxes
Parcel Number
771-09-006
Land Assessment
$243,250
Improvements Assessment
$201,005
Total Assessment
$444,255
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