Shawnee Office Park 3 Office Properties Offered at $2,999,500 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Near Southwest General Hospital and Cleveland Clinic
- Excellent Foot Traffic
- Minutes from I-71 and Ohio Turnpike
EXECUTIVE SUMMARY
Shawnee Office Park
Attractive Office/Medical complex (consisting of three 1 story buildings)
95% Leased
Diversified mix of Office and Medical Tenants on longer term leases.
All Tenants are paying utilities, escalations and increases in operating costs.
Parking Lot, Roof and windows are in good condition.
Great curb appeal
Abundance of parking.
High Traffic area: Located on Pearl road.
Attractive Office/Medical complex (consisting of three 1 story buildings)
95% Leased
Diversified mix of Office and Medical Tenants on longer term leases.
All Tenants are paying utilities, escalations and increases in operating costs.
Parking Lot, Roof and windows are in good condition.
Great curb appeal
Abundance of parking.
High Traffic area: Located on Pearl road.
PROPERTY FACTS
| Price | $2,999,500 |
| Price / SF | $77.51 / SF |
| Cap Rate | 9.41% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 38,700 SF |
| Total Land Area | 10.60 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7043 Pearl Rd, Cleveland, OH 44130 | Office | 13,200 SF | 1992 | - |
| 7055 Pearl Rd, Middleburg Heights, OH 44130 | Office | 12,000 SF | 1992 | - |
| 7029 Pearl Rd, Middleburg Heights, OH 44130 | Office | 13,500 SF | 1990 | - |
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CONTACT
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Jack Sanfilippo - Jack Sanfilippo
