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Brecksville Mixed-Use 8747 Brecksville Rd

11,016 SF 100% Leased Office Building Brecksville, OH 44141 £2,514,148 (£228/SF) 7.75% Net Initial Yield

Investment Highlights

  • Prime Downtown Location
  • Robust Demographic Profile
  • Excellent Building Condition
  • Anchor Tenant Stability
  • High Household Income

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
11,016 SF
Building Class
C
Year Built/Renovated
1962/2005
Price
£2,514,148
Price Per SF
£228
Net Initial Yield
7.75%
NOI
£194,846
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
5,302 SF
Building FAR
0.19
Lot Size
1.35 AC
Zoning
Commercial
Parking
46 Spaces (4.34 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
601-36-005
Land Assessment
£129,073
Improvements Assessment
£357,032
Total Assessment
£486,105
  • Listing ID: 32879578

  • Date on Market: 19/08/2024

  • Last Updated:

  • Address: 8747 Brecksville Rd, Brecksville, OH 44141

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