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Rockside 9% CAP Irreplaceable Investment
Independence, OH Independence

$18,350,000 USD

Office For Sale • 156,553 SF

2 Properties View all

Property Details

Property Type Office
Cap Rate 9.00 %

40 Transit Score

50 Walk Score

                
                    Highlights
                
                                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

Property Flyers

Rockside Square Flyer

Financial Summary (Actual)

Net Operating Income: $1,650,774 USD (2026)

Cap Rate:

9.00 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.6 mi
	7 min	-	3.1 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	22 min	-	12.8 mi
Akron-Canton Regional	54 min	-	42.1 mi

Dan Cooper 440-915-7902 Cooper Commercial Investment Group

Rockside 9% CAP Irreplaceable Investment Independence, OH Independence