General Retail For Sale • 60,000 SF
| 100% leased first floor (±31,500 SF) to Oakmont Education through 6/30/2036, plus two 5-year options to 2046 |
| 8.5% cap rate on ±$339,635 stabilized NOI at the $3,999,000 list price |
| True triple-net (NNN) structure — tenant pays taxes, insurance & CAM; controllable costs capped at 4%/yr |
| Heavily recapitalized: new roof, HVAC, exterior paint, ±47,500 SF parking, ~$399K school build-out |
| Embedded upside: vacant ±28,665 SF second-floor storage + contractual +$20,365/yr step-up (by 9/1/2028) |
| Prime Ridge Road (SR-3) frontage — 27,600+ VPD; ±0.5 mi from 332-bed UH Parma Medical Center |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 19 min | - | 8.6 mi | |
| 19 min | - | 8.9 mi | |
| Airport | Drive | Walk | Distance |
| Cleveland-Hopkins International | 19 min | - | 8.6 mi |
| Akron-Canton Regional | 63 min | - | 45.1 mi |