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680 Broadway Ave

6,825 SF Retail Building Bedford, OH 44146 $988,000 ($145/SF) 10% Cap Rate

Banks Ohio Bedford 680 Broadway Ave, Bedford, OH 44146

Investment Highlights

  • Property is 100% leased to U.S. Bank through 11/30/2026
  • Possible owner/user opportunity
  • Second floor office space can be accessed by a separate street entrance
  • Absolute NNN Lease (tenant responsible for roof & structure)
  • Second floor: 2,673 SF office space available for sublease

Executive Summary

Property is 100% leased to U.S. Bank through 11/30/2026 with two 5-year renewal options at 2.0% annual increases. Tenant has 2-five year options remaining at same terms & conditions. This is an absolute NNN lease (tenant responsible for roof & structure). Lower level: 3,165 SF First floor: 3,165 SF (bank branch space). Second floor: 2,673 SF office space available for sublease. Second floor office space can be accessed by a separate street entrance. Possible owner/user opportunity.

Attachments

U.S. Bank - 680 Broadway Ave, Bedford, Ohio

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
6,825 SF
Building Class
C
Year Built/Renovated
1921/1972
Price
$988,000
Price Per SF
$145
Cap Rate
10%
NOI
$98,844
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.96
Lot Size
0.08 AC
Zoning
H-D
Frontage
37 FT on Broadway Ave

Amenities

  • Signage
1 of 1
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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Nearby Major Retailers

U.S. Bank
PNC Bank
Citizen's Bank
Giant Eagle

PROPERTY TAXES

Parcel Number 812-13-051 Improvements Assessment $130,830
Land Assessment $5,150 Total Assessment $135,980

PROPERTY TAXES

Parcel Number
812-13-051
Land Assessment
$5,150
Improvements Assessment
$130,830
Total Assessment
$135,980
(650) 279-5790

Contact

  • Listing ID: 32907160

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 680 Broadway Ave, Bedford, OH 44146

More public record information on 680 Broadway Ave, Bedford, OH 44146

The Retail Property at 680 Broadway Ave, Bedford, OH 44146 is currently available for sale. Contact Cushman & Wakefield | CRESCO Real Estate for more information.

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680 Broadway Ave
(650) 279-5790 x

680 Broadway Ave

Steve Sauter

(650) 279-5790

(650) 279-5790

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