14800 Madison Ave - Freestanding FOR SALE
Lakewood, OH 44107 |
14800 Madison Ave
Lakewood, OH 44107
HIGHLIGHTS
- University Hospitals Urgent Care 10-Year Double- Net Lease in Lakewood, Ohio
- Hyperdense, Infill, Middle-Income Location – Huge 28,800 Population and 13,000 Households in a 1-Mile Radius; $80K AHHI
- Rent Commenced October 2nd; Tenant’s Grand Opening Was on October 23rd
- 10% Rent Increases Every 5 Years of Initial Term & Options
- Full Renovation & Build-Out of Former Fifth Third Bank Branch; Includes All New HVAC
- Four Winds Health, LLC Corporate Guaranty – WellStreet’s Corp Entity w/ Substantial Net Worth, Revenue & Profitability – Contact Agent for Details
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
University Hospitals Urgent Care | Lakewood
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office, Medical
TOTAL BUILDING SIZE
3800
STORIES
1
YEAR BUILT
1924
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
314-06-027
