5637 Mayfield Rd - Bank FOR SALE


Cleveland, OH 44124
$2,500,000 USD
248-702-0288
5637 Mayfield Rd, Cleveland, OH for Sale
$2,500,000 USD
Bank - FOR SALE
1/6
null | 12.73% Cap Rate

5637 Mayfield Rd
Cleveland, OH 44124


HIGHLIGHTS

  • NNN Lease | Limited Landlord Responsibilities
  • 1-Year Remaining on Original 15 Year Lease Term
  • Corporate Guarantee | S&P Credit Rating "A-"
  • Hard Corner Signalized Intersection | Mayfield Rd and Brainard Rd
  • Excellent Visibility and Easily Accessible from Main Roads
  • Located in a Densely-Populated and Affluent Cleveland Sub-Market with Close Proximity to Interstate-271

OVERVIEW

FORMER KEYBANK | ALL-BRICK CONSTRUCTION | HARD CORNER LOCATION (40,000VPD+) | DRIVE-THRU CAPABILITY

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$645 USD /SF

CAP RATE

12.73%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former KeyBank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

CRG

APN/PARCEL ID

712-21-012

ASK ABOUT THIS PROPERTY

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

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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.