3002 Clark Ave - Freestanding FOR SALE


Cleveland, OH 44109- Near West Side
$1,255,000 USD
248-702-0288
3002 Clark Ave, Cleveland, OH for Sale
$1,255,000 USD
Freestanding - FOR SALE
1/6
null | 4.65% Cap Rate

3002 Clark Ave
Cleveland, OH 44109
Near West Side


HIGHLIGHTS

  • Corporate Guarantee | S&P Credit Rating "BBB" | Absolute Net Lease ZERO Landlord Responsibilities | 10+ Years Remaining
  • Below Market Rent | Attractive Replaceable/Low Rent ($8.82/SF) | Priced Below Replacement Cost | $183/SF
  • Unique All-Brick Construction | Save A Lot Outlot | Proximity to Main Traffic Generators - Interstates 90, 490 and 71
  • Dense Infill Location | 288,000 People Within 5 Miles Of The Subject Property
  • Average Household Income In a 5-Mile Radius Exceeds $58,000
  • Less Than 1 Mile To The Metro Health Medical Center Main Campus (732-Bed Facility)

OVERVIEW

Corporate Guarantee | S&P Credit Rating "BBB" | Absolute Net Lease - ZERO Landlord Responsibilities | 10+ Years Remaining

FOR SALE DETAILS

PRICE

$1,255,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

GR-C2

APN/PARCEL ID

007-26-026

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.