5945 Mayfield Rd - Freestanding FOR SALE


Mayfield Heights, OH 44124
$2,905,000 USD
440-915-7902
5945 Mayfield Rd, Mayfield Heights, OH for Sale
$2,905,000 USD
Freestanding - FOR SALE
1/10
null | 6.25% Cap Rate

5945 Mayfield Rd
Mayfield Heights, OH 44124


HIGHLIGHTS

  • Ideal Zero Management Asset (Tenant Handles ALL Expenses Directly) for Passive Investor: Single-Tenant, Absolute NNN Lease
  • Navy Federal Credit Union: $205 Billion in Assets and The World’s Largest Credit Union, Serving More Than 13 Million Members (350+ Branches & 30k+ ATM
  • Rental Increase in 2028 Taking Property to Attractive 6.62% CAP
  • Recent (2025) Tenant Self-Funded ($1.3 Million) Full Redevelopment and Design including Brand New Roof with 20 Year Transferable Warranty
  • Strong Demographics: Average Household Incomes $130k+ & High Population Density of 160k+ Residents in 5-Miles Giving Easy Access Large Population Base
  • 37k Vehicles Per Day in Affluent, Suburban Location with State-Rated “Excellent” and Top-Rated Mayfield Exempted Village School District

OVERVIEW

• Ideal Zero Management Asset (Tenant Handles ALL Expenses Directly) for Passive Investor: Single-Tenant, Absolute NNN Lease • Navy Federal Credit Union: $205 Billion in Assets and The World’s Largest Credit Union, Serving More Than 13 Million Members Through a Network of Over 350 Branches and 30,000+ Fee-Free ATMs Nationwide • Rental Increase in 2028 Taking Property to Attractive 6.62% CAP • Recent (2025) Tenant Self-Funded ($1.3 Million) Full Redevelopment and Design including Brand New Roof with 20 Year Transferable Warranty, Further Strengthening the Commitment to the Location • Strong Demographics: Average Household Incomes Over $130,000 and High Population Density of 160,000+ Residents Within 5-Miles Giving Easy Access to Large Population Base • Prominent High Traffic Location (Approx. 37,000+ VPD) At Intersection of Mayfield & Lander Road • Less Than 1 Mile to Interstate-271 (145,000+ VPD), Bolstering the Property’s Daily Daytime Traffic • Navy Federal Credit Union Money.com Best Bank for Small Businesses, Ranked #2 in Customer Satisfaction Among U.S. Credit Card Issuers • Affluent, Suburban Location with State-Rated “Excellent” and Top-Rated Mayfield Exempted Village School District • Major Complimentary Nearby National Retailers: Eastgate Shopping Center, Golden Gate Plaza, Newer Construction Pinecrest Lifestyle Center, Eton Lifestyle Center, Legacy Village, Pavilion, Village Square, Harvard Park and Beachwood Place Mall, Along with Numerous Fitness Centers, Hotels and Restaurants • Desirable Community with a Short Commute (20 Miles) to Downtown Cleveland Attractions, Immediate Proximity to Several Colleges/Universities, Numerous High-Profile Fortune 500 Companies, and Only 25 Miles to Cleveland Hopkins International Airport • Various Other Nearby Major Employers Including: Less Than 3/4 Mile to Rockwell Automation (1,500 On-Site Employees) and Parker Hannifin (Corporate HQ, 60,000 Employees Globally), Along with University Hospital’s Ahuja Medical Center (2,500 Employees and $200 Million Recent Expansion), Cleveland Clinic (83,000 Employees Systemwide), Eaton Corporation HQ (2,000 Employees), Bank of America, Cuyahoga Community College, Site Centers Corp. HQ and ABB Inc. (500 Employees)

FOR SALE DETAILS

PRICE

$2,905,000 USD

PRICE/SF

$528 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL: Largest Credit Union World | 6.25% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

U4, Mayfield Heights

APN/PARCEL ID

861-09-044

ASK ABOUT THIS PROPERTY

Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Dan CooperCooper Commercial Investment GroupMore Info
440-915-7902

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