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26000-26250 Euclid Ave
Cleveland, OH 44132 Euclid

$5,500,000 USD

Office For Sale  •  199,152 SF

Property Details

  • Property Type Office
  • Total Building Size 199,152 SF
  • Lot Size 10 AC
  • Building Class B
  • Year Built 1975
  • Cap Rate 10.50 %
  • Tenancy Multiple
  • Zoning U4
39 Transit Score
49 Walk Score

Highlights

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 %

Major Tenants

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

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 41 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 430
Type: Surface
Included in Rent: Yes
Jonah Yulish 216-236-9668 Matthews Real Estate Investment Services
Jonah Yulish 216-236-9668 Matthews Real Estate Investment Services