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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 9 AC
  • Building Class B
  • Year Built 1976
  • Cap Rate 10.50 %
  • Tenancy Multiple
  • Zoning U4
39 Transit Score
49 Walk Score

Highlights

High-Yield Acquisition with Significant Lease-Up Potential
Offered at $5.5M ($27.60/SF) with a 10.5% in-place Cap Rate at ONLY 47.4% occupancy.
±199,152 RSF multi-tenant office on ±9.99 acres; 9 stories plus basement.
In-place tenancy of 48 tenants provides diversified income and reduces binary leasing risk during stabilization.
Clear Value-Add Lease-Up Opportunity
Large, efficient floor plates accommodate both boutique tenants and larger anchor users, supporting broad leasing demand
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