4838 Northfield Rd - Freestanding FOR SALE


Cleveland, OH 44128
$1,880,000 USD
909-560-3010
4838 Northfield Rd, Cleveland, OH for Sale
$1,880,000 USD
Freestanding - FOR SALE
1/14
null | 9% Cap Rate

4838 Northfield Rd
Cleveland, OH 44128


HIGHLIGHTS

  • NORTH RANDALL CENTER – 100% OCCUPIED 2-TENANT STRIP CENTER
  • TRIPLE NET (NNN) LEASE STRUCTURE
  • ANCHORED BY RANDALL PARK HIGH SCHOOL
  • STRONG TRAFFIC COUNTS – LOCATED NEXT TO MAJOR HIGHWAY
  • STRATEGIC LOCATION
  • CLEVELAND MSA

OVERVIEW

PRICING: $1,880,000 CAP RATE: 9.00% NOI: $169,212 TENANTS: 2 BUILDING SIZE: 13,500 SF

FOR SALE DETAILS

PRICE

$1,880,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Randall Center | North Randall, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

Commercial

APN/PARCEL ID

771-08-011

ASK ABOUT THIS PROPERTY

909-560-3010

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909-560-3010

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