2765 E 55th St - Storefront FOR SALE


Cleveland, OH 44104- Fairfax
$2,488,374 USD
2765 E 55th St, Cleveland, OH for Sale
$2,488,374 USD
Storefront - FOR SALE
1/6
null | 8.88% Cap Rate

2765 E 55th St
Cleveland, OH 44104
Fairfax


HIGHLIGHTS

  • A 100% occupied, 24,075 SF neighborhood strip center in an Opportunity Zone located in Cleveland, Ohio.
  • This centrally located, fully leased retail asset offers stable cash flow, strong tenancy, and high visibility in a rapidly growing Cleveland corridor
  • Positioned in a High-Growth Area with Strong Retail Synergy.

OVERVIEW

* Built in 1994 * Total Land Area 2.07 Acres * Opportunity Zone * PSF $103 * 100% Occupancy * Parking Ratio: 3.83/1,000sf * Parcel # 12420001

FOR SALE DETAILS

PRICE

$2,488,374 USD

PRICE/SF

$103 USD /SF

CAP RATE

8.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Gate Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

GI, Cleveland

APN/PARCEL ID

124-20-001

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