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5945 Mayfield Rd
Mayfield Heights, OH 44124

$2,905,000 USD

Freestanding For Sale  •  5,500 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,500 SF
  • Lot Size 0.74 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning U4, Mayfield Heights
30 Transit Score
50 Walk Score

Highlights

Ideal Zero Management Asset (Tenant Handles ALL Expenses Directly) for Passive Investor: Single-Tenant, Absolute NNN Lease
Navy Federal Credit Union: $205 Billion in Assets and The World’s Largest Credit Union, Serving More Than 13 Million Members (350+ Branches & 30k+ ATM
Rental Increase in 2028 Taking Property to Attractive 6.62% CAP
Recent (2025) Tenant Self-Funded ($1.3 Million) Full Redevelopment and Design including Brand New Roof with 20 Year Transferable Warranty
Strong Demographics: Average Household Incomes $130k+ & High Population Density of 160k+ Residents in 5-Miles Giving Easy Access Large Population Base
37k Vehicles Per Day in Affluent, Suburban Location with State-Rated “Excellent” and Top-Rated Mayfield Exempted Village School District

Property Flyers

Financial Summary (Actual)

Net Operating Income: $181,500 USD (2026)
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Navy Federal Credit Union 5,500 SF 10/1/2032

Amenities

  • Banking
  • Dedicated Turn Lane
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 40 min - 28.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Dan Cooper 440-915-7902 Cooper Commercial Investment Group
Dan Cooper 440-915-7902 Cooper Commercial Investment Group