2221 Brookpark Road Parma, OH 44134
Retail
MLS #: 5099911
Courtesy Of Keller Williams Citywide
Property InformationDescription
DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT !!
This 2 story sits on one of Cleveland's highest traffic streets. Great visibility !
This property boasts - 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front.
This fully occupied turn key investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income.
This low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return.
Occupants:
Main Floor - Liquidation Company has been in business for 10 + years and uses the space for warehousing only.
2nd Floor - A well established and growing commercial photography / digital imaging company.
Property Taxes - $3,743 Annually -
Insurance $1743 Annually
Each occupant has a the balance of their two year lease with 2 year option add on.
Tenants pay for all utilities and maintenance.
Deposits for all units
This 2 story sits on one of Cleveland's highest traffic streets. Great visibility !
This property boasts - 2 suites w/ ~10,800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front.
This fully occupied turn key investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income.
This low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return.
Occupants:
Main Floor - Liquidation Company has been in business for 10 + years and uses the space for warehousing only.
2nd Floor - A well established and growing commercial photography / digital imaging company.
Property Taxes - $3,743 Annually -
Insurance $1743 Annually
Each occupant has a the balance of their two year lease with 2 year option add on.
Tenants pay for all utilities and maintenance.
Deposits for all units
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 2
- Floors: 2
- Heating System: Forced Air
- Legal Description: 1 BRKVW#3 0195 ALL
- MLSID: 5099911
- Parking Spaces: 6
- Roof Type: Asphalt
MAP & DIRECTIONS
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