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6000 Parkland Blvd
Mayfield Heights, OH 44124

$5,800,000 USD

Office For Sale  •  77,333 SF

Property Details

  • Property Type Office
  • Total Building Size 77,333 SF
  • Lot Size 6.3 AC
  • Building Class A
  • Year Built 1998
  • Tenancy Multiple
  • Zoning U-7
0 Transit Score
20 Walk Score

Highlights

Exceptional opportunity to secure a Class A professional office building in a premier location at a price well below replacement cost.
Offering a 15.28% cap rate and a projected 40% cash-on-cash return at 95% occupancy, with an estimated $934,000 boost in net operating income.
Strong current tenancy offering in-place income from recent NNN lease extension with Howard Hanna (top residential real estate company nationally).
Value-add or owner/user investment with tremendous upside at 33% occupied, allowing buyers to lease up at market rates.
Premier location at the corner entrance to Landerhaven Corporate Center with premier exposure to Parker Hannifin’s global HQ.

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Food Service
  • Property Manager on Site
  • Security System
  • Signage
  • Skylights
  • Wheelchair Accessible
  • Roof Terrace
  • Storage Space
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning
  • Balcony
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 40 min - 26.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 409
Type: Surface
Included in Rent: Yes
Dan Cooper 440-467-3535 Cooper Commercial Investment Group
Dan Cooper 440-467-3535 Cooper Commercial Investment Group