24610 Detroit Rd
Westlake, OH 44145

• Unit Size: 5,000 SF
• Condo Use: Office
• Price: $400,000 USD
• Sale Type: Investment
• Price/SF: $80.00 USD

Description

2nd floor suite of a professionally managed office complex known as Teal Place.

Suite 220 425 SF , 250 1,638 SF ,270 2,200 SF- 5,000.00 sq ft total

Sale Notes

Rare opportunity to acquire a multi-tenant office condominium in one of Northeast Ohio's most desirable suburban office markets. Located within the professionally managed Teal Place office complex at 24610 Detroit Road in Westlake, this approximately 5,000-square-foot office condominium offers investors and owner-users a compelling combination of in-place income and future upside.
The property currently features two occupied suites with established tenants providing immediate cash flow, while Suite 220 is being delivered vacant, creating an attractive value-add opportunity for a new owner. Whether utilized for owner occupancy, leased to a new tenant, or used as expansion space for an existing occupant, Suite 220 provides flexibility rarely found in today's office market.
Suite 250 is occupied by NTIS Group, a nationally recognized transportation insurance firm with a recently extended lease through July 2028. Suite 270 is occupied by NAFTA Tools, an established consulting and product development company. Together, these tenants provide stable income while leaving meaningful upside through lease-up of the vacant suite.
Teal Place is a well-maintained office campus known for its professional environment, ample parking, attractive pond views, and convenient access to Interstate 90, Crocker Road, Crocker Park, Cleveland Hopkins International Airport, and numerous retail and dining destinations.
Westlake continues to attract businesses seeking a premier suburban location supported by strong demographics, high household incomes, significant daytime population, and ongoing commercial development. The property's location along the Detroit Road corridor places it among major employers, professional service firms, and regional business hubs, supporting long-term leasing demand and future appreciation.
Ideal for investors seeking stable income with value-add potential or owner-users looking to offset occupancy costs through tenant income.