Office For Sale • 199,152 SF
| 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 % |
| 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 |