Office For Sale • 199,152 SF
| High-yield multi-tenant campus with large, efficient floor plates, perfect for both boutique tenants and anchor users, ensuring broad leasing demand. |
| Significant upside through mixed-use or residential conversion, historic tax credits, and Opportunity Zone tax advantages. |
| Recent capital improvements include a new TPO roof, modernized elevators, a 1-megawatt solar array, and renovated common areas. |
| Diversified base of 48 tenants delivers stable income and lowers binary leasing risk during stabilization and future growth periods. |
| Robust value-add potential with strong in-place rental income and projected cap rates up to 23.8% at higher occupancy levels. |
| Solar energy system and upgraded building features enhance ESG profile and reduce long-term operating expenses for investors. |
| Cap Rate: | 10.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Advanced Orthopedics & Physical Therapy | ||
| Functional Orthopedics | 9/1/2025 | |
| Gary Woznicki, DDS Dental Implant and Periodontal | ||
| General Sleep Corporation | ||
| Humanistic Counseling Center | ||
| Medical Care Group | ||
| Nevar Dental | ||
| Panther Pediatric Dentistry | ||
| Premium Steel Sales | ||
| Regus |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Cleveland-Hopkins International | 41 min | - | 26.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 430 |
| Type: | Surface |
| Included in Rent: | Yes |