652-656 Youngstown Warren Rd
Niles, OH 44446
Cleveland Clinic STAR Imaging · Office Property For Sale

Cleveland Clinic STAR Imaging - Niles Medical Park Marcus & Millichap is pleased to present this 100 percent occupied approximately 10,000 square foot medical office building. The Niles Medical Center sits on an approximately 36,154 square foot parcel in Niles, Ohio. The building is anchored by a Cleveland Clinic Star Imaging Sub-Lease which occupies 52 percent of the rentable space and NovaCare which occupies 25 percent of the rentable space. Most of the leases are net leases with the tenants being responsible for a base rent and a pass-through of all operating expenses, excluding management, insurance, snow removal, and landscaping. A wide variety of services are offered at the building, including comprehensive health services and MRI. The diagnostic imaging center operates computed tomography, ultrasound, nuclear medicine, digital x-ray, and provides a mobile PET-CT scanning. The building has enjoyed excellent long-term historical occupancy due to the location and affiliation with Cleveland Clinic Hospital Systems. Cleveland Clinic is a nonprofit, multispecialty academic medical center that integrates clinical and hospital care with research and education. Today, with more than 1,400 beds on Cleveland Clinic main campus and 4,450 beds system-wide, Cleveland Clinic is one of the largest and most respected hospitals in the country. NovaCare Rehabilitation is part of the Select Medical Outpatient Division, a nationally prominent, locally driven provider of outpatient physical rehabilitation. The Select Medical family of brands carries wide recognition throughout the country. Select medical carries a Moody's bond rating of B1.