26250 Euclid Ave - Office FOR SALE
Cleveland, OH 44132 |
$5,500,000 USD
216-236-9668
26250 Euclid Ave
Cleveland, OH 44132
HIGHLIGHTS
- High-Yield Acquisition with Significant Lease-Up Potential
- Offered at $5.5M ($27.60/SF) with a 10.5% in-place Cap Rate at ONLY 47.4% occupancy.
- ±199,152 RSF multi-tenant office on ±9.99 acres; 9 stories plus basement.
- In-place tenancy of 48 tenants provides diversified income and reduces binary leasing risk during stabilization.
- Clear Value-Add Lease-Up Opportunity
- Large, efficient floor plates accommodate both boutique tenants and larger anchor users, supporting broad leasing demand
FOR SALE DETAILS
PRICE
$5,500,000 USD
PRICE/SF
$28 USD /SF
CAP RATE
10.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lakeview Enterprise Campus
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
9
BUILDING CLASS
B
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
430
LAND DETAILS
LAND ACRES
9 AC
LAND SF
392,040 SF
ZONING
U4
APN/PARCEL ID
648-52-003
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216-236-9668
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216-236-9668
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