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Office For Sale • 76,553 SF
| 93% Occupied Asset at Low $117/S.F. Sales Price: Far Below Replacement Value, High 9.00% CAP Rate & Anticipated Year-1 Cash-on-Cash Return of 12.41% |
| Affluent Corporate Trade Area: Average Household Incomes $182k Within 1 Mile, Exceeding $100k Within 3 Miles, & More Than 211k Residents in 5 miles |
| Irreplaceable Suburban Office Location: Directly Off I-77 (201k Vehicles Per Day) on Renowned Rockside Road Corporate Corridor (31K Vehicles Per Day) |
| Rent Roll Stability: All Anchor Tenants Signed to Long-Term Leases w/ Increase over Base Year Structure w/ Avg. occupancy Over 90% Over Past 10 Years |
| Dedicated Signalized, Full-Access Entrance w/ Monument Signage | Corridor Home to 800+ Businesses, Hotels, Restaurants, & Professional Service Firms |
| Exceptional Tenant Amenities: Modern Fitness Center with Showers, Conference Facilities, Outdoor Patio Areas, Electronic Tenant Directories & Vending |
| Cap Rate: | 9.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| AllerStallings | 4,821 SF | |
| CGI | 5,000 SF | |
| Cyber Graphics | 4,957 SF | |
| Fischer Asset Management | 6,699 SF | |
| FleetTeam | 8,018 SF | |
| Hazen & Sawyer Attorneys | 6,245 SF | |
| Novum Underwriting Partners | 10,915 SF | |
| Reliance First Capital / Carrington Mortgage Servi | 9,306 SF | |
| Tempo Wealth | 5,554 SF | |
| TQL | 17,400 SF |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Rockside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 4 min | - | 1.6 mi |
| Canal Exploration Center (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 7 min | - | 3.2 mi |
| Airport | Drive | Walk | Distance |
| Cleveland-Hopkins International | 22 min | - | 12.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 300 |
| Type: | Surface |
| Included in Rent: | Yes |
Dan Cooper
Cooper Commercial Investment Group
Dan Cooper
Cooper Commercial Investment Group
