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Commercial Building For Lease 5775 Chevrolet Blvd
2,850 SF of Office/Retail Space Available in Parma, OH 44130
Highlights
- Offers potential for redevelopment into a restaurant.
- Nearly 20,000 vehicles per day along Snow Road.
- Equipped with a drive-through.
- Immediately adjacent to General Motors Parma Plant with over 1,300 employees.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,850 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
2,850 square foot space currently built out as a former bank. The space is flexible in that it has potential for redevelopment into a restaurant.
- Fully Built-Out as a Bank
- Mostly Open Floor Plan Layout
- Partitioned Offices
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Drop Ceilings
- Natural Light
- Finished offices.
- Equipped with a drive-through.
- Outfitted with a kitchenette.
- Prime location adjacent to General Motors Plant.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5775 Chevrolet Blvd , Parma, OH 44130
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Bank | Parking Ratio | 8.07/1,000 SF |
| Gross Leasable Area | 2,850 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,850 SF |
| Year Built | 1972 |
| Parking Ratio | 8.07/1,000 SF |
About the Property
5775 Chevrolet Boulevard is a 2,290 square foot former bank building with a drive-through located at the corner of Chevrolet Boulevard and Snow Road. The property, fully built out, offers the potential for redevelopment into a restaurant. 5775 Chevrolet Boulevard is located in Parma, the seventh largest city in the state of Ohio with over 300,000 people within a five-mile radius. The property features excellent ingress and egress, making it highly accessible.
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Cameron Callahan -
Renee Hardman -
Cushman & Wakefield | CRESCO Real Estate
Presented by
Commercial Building For Lease | 5775 Chevrolet Blvd
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