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10821 Briggs Rd

3,720 SF 100% Leased Industrial Building Cleveland, OH 44111 £181,101 (£49/SF)

Investment Highlights

  • Great Location in an area of like businesses.
  • This investment opportunity in a prime location offers a spacious, tenant-occupied auto repair shop.
  • Easy Access to downtown and suburbs off of I-71
  • The property has ample open spaces, a private office, and two private bathrooms, making it ideal for landscaping, carpentry, or property management.

Executive Summary

Great investment opportunity with tenant in place paying substantial rent, all utilities and maintenance. Situated in an area of similar businesses, there is easy access off of I 71 - The building is currently being used as an auto repair / rebuilding shop and features plenty o wide open spaces PLUS a front office, private office or meeting room and private 1/2 baths. Perfect space for landscaping company, carpenter, property management space. The building is currently being rented at $2130 per month. Tenant pays all utilities and makes any and all maintenance.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £181,101
Price Per SF £49
Sale Type Investment
Sale Conditions Tenants option to buy property
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
Building Class C
Lot Size 0.12 AC
Rentable Building Area 3,720 SF
Number of Floors 1
Year Built 1951
Parking Ratio 1.08/1,000 SF
Clear Ceiling Height 13 ft
Level Access Doors 1

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
019-09-031
Land Assessment
£5,892
Improvements Assessment
£26,143
Total Assessment
£32,035
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code SI-B1 (Semi-Industry)
SI-B1 (Semi-Industry)
  • Listing ID: 29431192

  • Date on Market: 02/09/2023

  • Last Updated:

  • Address: 10821 Briggs Rd, Cleveland, OH 44111

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