8370 Dow Cir - Office FOR SALE


Strongsville, OH 44136
$4,570,000 USD
216-232-4102
8370 Dow Cir, Strongsville, OH for Sale
$4,570,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

8370 Dow Cir
Strongsville, OH 44136


HIGHLIGHTS

  • Beautifully-finished modern offices available for sale or lease in a strong suburban office market.
  • Potential income available with a sale-leaseback of approximately 20,000 SF.
  • Recent improvements include a new roof in 2018, new windows, new parking lot, and new HVAC systems.
  • Two on-site generators, a redundant fiber internet service, multiple loading doors, multiple conference rooms, training rooms, break rooms and more.
  • 7.23 acres of land with approximately 270 parking spaces and the ability to add more.

OVERVIEW

Beautifully-finished modern offices available for sale or lease in a strong suburban office market. Potential income available with a sale-leaseback of approximately 20,000 SF. Recent improvements include a new roof in 2018, new windows, new parking lot, and new HVAC systems. The property features two on-site generators, a redundant fiber internet service, multiple loading doors, multiple conference rooms, training rooms, break rooms and more. 7.23 acres of land with approximately 270 parking spaces and the ability to add more. Excellent access to a highly skilled workforce with an average household income of $106,084 within 1 mile. Located off of W Sprague Road with over 12,000 vehicles per day. Minutes from I-71 which connects Cleveland and Columbus and offers excellent access to the Cleveland Hopkins International Airport. Zoned for RD - Research & Development which allows for a variety of uses including offices, laboratories, and product assembly.

FOR SALE DETAILS

PRICE

$4,570,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tech Park II

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

270

LAND DETAILS

LAND ACRES

7.23 AC

LAND SF

314,939 SF

ZONING

RD

APN/PARCEL ID

395-12-006

ASK ABOUT THIS PROPERTY

Conor CoakleyCushman & Wakefield | CRESCO Real EstateMore Info
216-232-4102

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Conor CoakleyCushman & Wakefield | CRESCO Real EstateMore Info
216-232-4102

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