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32875 Solon Rd
Solon, OH 44139 Solon

$3,500,000 USD

Medical For Sale  •  13,600 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,480 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 1978
  • Cap Rate 6.64 %
  • Tenancy Multiple
  • Zoning U-5, Solon
30 Transit Score
40 Walk Score

Highlights

Anchored by Apex Dermatology since 2013 — 15-location regional dermatology practice
Approx 8,197 SF available for owner occupancy following anchor departure
Immediate rental income from established medical tenant offsets carrying costs
Building shell supports future second-floor buildout for long-term expansion
Health Care is Solon's largest employment sector at 2,429 employees
25 bath fixtures & package HVAC — infrastructure suited to multi-suite medical use

Financial Summary (Actual)

Net Operating Income: $232,565 USD (2025)
Cap Rate: 6.64 %
Total Expenses: $80,489 USD

Major Tenants

Tenant SF Occupied Lease End Date
American Title Solutions
Apex Dermatology 3,071 SF 12/31/2020
Keller Williams LIVING 8,197 SF 9/30/2026

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 38 min - 25.1 mi
Akron-Canton Regional 57 min - 41.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 66
Type: Surface
Included in Rent: Yes
Linas Muliolis 216-387-3204 Century 21 Commercial
Linas Muliolis 216-387-3204 Century 21 Commercial