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Majestic Parkway 5386 Majestic Pky 19,100 SF 94% Leased Flex Building Bedford, OH 44146 $1,200,000 ($62.83/SF) 10% Cap Rate
Executive Summary
Perfect investment property with 10 units ranging between 800 sqft to 2,800 sqft. Most units have drive-in doors and small office up front.
currently 100% full with tenant that have been in place for 5 years or more. Located on Majestic Parkway in Bedford Heights Just Off Aurora Rd. Access to major freeways like I-271 and I-480.
currently 100% full with tenant that have been in place for 5 years or more. Located on Majestic Parkway in Bedford Heights Just Off Aurora Rd. Access to major freeways like I-271 and I-480.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,200,000 | Rentable Building Area | 19,100 SF |
| Price Per SF | $62.83 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1998/2023 |
| Cap Rate | 10% | Parking Ratio | 2.62/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 14’ |
| Property Subtype | Flex Research & Development | No. Drive In / Grade-Level Doors | 5 |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 1.63 AC | ||
| Zoning | office/medical | ||
| Price | $1,200,000 |
| Price Per SF | $62.83 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.63 AC |
| Rentable Building Area | 19,100 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1998/2023 |
| Parking Ratio | 2.62/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | office/medical |
Amenities
- 24 Hour Access
- Security System
- Monument Signage
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Brickhouse Realty
- Real Estate
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- IRC Consulting
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- PF Development 15 LLC
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- VDM Biochemicals
- Wholesaler
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Brickhouse Realty | Real Estate | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| IRC Consulting | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| PF Development 15 LLC | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| VDM Biochemicals | Wholesaler | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Chemistry Lab for sub-lease with Fume Hood and air makeup system included in the space while renting from the tenant.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 9 | 1,200 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 9
| Size |
| 1,200 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 9
| Size | 1,200 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Chemistry Lab for sub-lease with Fume Hood and air makeup system included in the space while renting from the tenant.
1 1
Property Taxes
| Parcel Number | 791-14-081 | Total Assessment | $205,520 (2024) |
| Land Assessment | $43,400 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $162,120 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
791-14-081
Land Assessment
$43,400 (2024)
Improvements Assessment
$162,120 (2024)
Total Assessment
$205,520 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Majestic Parkway | 5386 Majestic Pky
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