652-656 Youngstown Warren Rd | Niles, OH 44446
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652-656 Youngstown Warren Rd
Niles, OH 44446
Cleveland Clinic STAR Imaging · Office Property For Sale
INVESTMENT HIGHLIGHTS
- FOR SALE BY COURT APPOINTED RECEIVER - MEDICAL OFFICE INVESTMENT OPPORTUNITY
- Free and clear of debt – The property will be delivered free and clear of debt, allowing a new owner the opportunity to pursue a debt structure that c
- Opportunity to add value – The offering provides the ability to add value through the lease-up of the currently vacant medical office space at market
- Committed, long-standing tenants – All tenants have occupied their space for more than 15 years and have a history of consistent renewals.
- Amenity base – Within close proximity is an abundance of restaurants (fast food and casual), retail (shopping and grocery) and service providers.
- Attractive Return Metrics – The asset is aggressively priced with a projected cap rate in excess of a 12% providing investors with a low risk, high re
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
10,582 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,582 SF
Building FAR
0.22
Lot Size
1.08 AC
Zoning
Medical Clinics & Offices
Parking
48 Spaces (4.54 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Basement
- Central Heating
- Reception
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $352,280 | |
| Land Assessment | $57,790 | Total Assessment | $410,070 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$57,790
Improvements Assessment
$352,280
Total Assessment
$410,070
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