36901 American Way - Medical FOR SALE
Avon, OH 44011 |
$1,747,000 USD
216-381-8200
36901 American Way
Avon, OH 44011
HIGHLIGHTS
- Rare Annual Increases - Tenant Pays Annual Increases of CPI and 3%
- Long-Term Leases - Blending Lease Term Remaining is Approximately 6 Years
- Corporate Headquarters - American Way is the Main Office Location for Both Tenants
- Above Market Return - 8/15% Cap Rate Provides Exceptional Cash or Levered Return
- Depreciable Asset - Building Lease Allows for Annual Depreciation
- Excellent Co-Tenancy - Cleveland Clinic Family Health Center, Cleveland Eye Clinic, and More
FOR SALE DETAILS
PRICE
$1,747,000 USD
PRICE/SF
$54 USD /SF
CAP RATE
8.15%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Buckeye Bank Headquarters and R.A.B Financial
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
200
LAND DETAILS
LAND ACRES
2.81 AC
LAND SF
122,404 SF
ZONING
B2
APN/PARCEL ID
04-00-009-702-001
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216-381-8200
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216-381-8200
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