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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
                
                                LOCATION, LOCATION, LOCATION! Unbelievable opportunity for Class A professional building at far below replacement cost
                            
                                Irreplaceable real estate: tremendous upside (33% occupied) or value-add investment, perfect opportunity for owner/user headquarters location
                            
                                Stabilized 15.28% CAP rate & whopping 40% tear-1 projected cash-on-cash return at asking price (95% occ.), generating an estimated $934k NOI increase
                            
                                Signalized corner at entrance to Landerhaven Corp. center | Excellent exposure on Lander & across from Parker Hannifin’s global HQ (61K employees)
                            
                                Strong current tenancy offering in-place income from recent NNN lease extension with Howard Hanna (top residential real estate company nationally)
                            
                                Highly affluent market: Avg. household incomes $146K+ in 5 miles with state-rated Excellent & top-rated Mayfield Exempted Village School District

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

Airport	Drive	Walk	Distance
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

6000 Parkland Blvd Mayfield Heights, OH 44124