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5001 Transportation Dr
Sheffield Village, OH 44054
UH SHEFFIELD HEALTH CENTER (2 CONDOS) · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
30,928 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
10,309 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
3.28 AC

Amenities

  • Signage

About 5001 TRANSPORTATION DR , SHEFFIELD VILLAGE, OH 44054

Marcus & Millichap is pleased to present two medical condo office properties (first and second floor) totaling 16,863 SF of a 37,284 SF medical office building. As tenant of both offered locations, as well as the building as a whole, University Hospitals (UH) is operating under NNN leases, both of which extend until 2032 and 2034. The first of the two condos offered encompasses the first floor of the building and provides general orthopedic services. The second of the two condos sits on the second floor of the building and provides physical therapy services, assisting in treatments and techniques aimed to prevent/manage their specific physical conditions. The remaining space, not current-ly for sale, is utilized as University Hospitals centers of primary care, ENT, and Neurology. The medical condos are situated within the western Cleveland, Ohio suburb of Sheffield Village, a city that sits along Lake Erie and home to a number of parks, retail sites, and restaurants. The property sits within close proximity of two area hospitals, the Cleveland Clinic - Family Health Center Sheffield (1.2 Miles) and the University Hospitals Avon Health Center (6.3 Miles) Which provide close access for patients in need of immediate and/or long term care. There is an estimated 127,672 residents within a five mile radius of the property with an average house-hold income of $64,692. These residents, coupled with the ever growing need of medical care within the U.S. provide a number of opportunities for the tenants to both increase and sustain business.

Property Taxes

Property Taxes

Parcel Number
03-00-073-701-001
Land Assessment
$116,375
Improvements Assessment
$1,013,800
Total Assessment
$1,130,175
  • Listing ID: 16439206

  • Date on Market: 6/25/2019

  • Last Updated:

  • Address: 5001 Transportation Dr, Sheffield Village, OH 44054

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