5755 Granger Rd - Office/Residential FOR SALE


Independence, OH 44131
$1,900,000 USD
216-525-1467
5755 Granger Rd, Independence, OH for Sale
$1,900,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

5755 Granger Rd
Independence, OH 44131


OVERVIEW

Nine (9) story multi-tenant office complex totaling approximately 90,000 SF (82,913 SF rentable) on 4.88 acres. 71% leased with upside. Below market lease rates. Approximately 320 parking spaces. Full service café off main lobby. Large window line offering excellent views and natural light. Easy access to I-77, I-480 and SR 176 (Jennings Freeway). Ideal location without the congestion of Rockside Road. Outstanding opportunity for entrepreneurial investor or owner/user. On-site conferencing center. Third largest office submarket in Cuyahoga County.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$21 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Independence Tower

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

4.88 AC

LAND SF

212,573 SF

ZONING

Commercial

APN/PARCEL ID

561-02-024

ASK ABOUT THIS PROPERTY

Robert GarberCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1467

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Robert GarberCushman & Wakefield | CRESCO Real EstateMore Info
216-525-1467

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.