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Executive Summary

Prime Redevelopment Opportunity: 11699 Brookpark Rd., Parma, OH
Positioned at the corner of Brookpark Rd. and Chevrolet Blvd., this 2.7-acre property with a 36,000-square-foot building and 160 parking spaces offers unparalleled potential for redevelopment. Its location, accessibility, and size make it a developer’s dream.
Key Highlights:
Within 1 mile to I-480 from 2 directions, east or west, 4.5 miles to the airport, 12 minutes to downtown, 30,000 cars a day - comes with LED message board.
Proximity to the Proposed New Cleveland Browns Stadium: Just 3.5 miles away, this location is primed for growth as the stadium is expected to attract significant traffic and development to the area.
Strategic Location: Situated near major highways, including I-480 and I-71, providing seamless access to Cleveland Hopkins Airport and the surrounding metro area.
Corner Property: High-visibility location with significant traffic counts, perfect for businesses that benefit from high exposure.
Ample Parking and Space: With 160 parking spaces, 2.7 acres of land, and a 36,000-square-foot building, the property is ideal for redevelopment into a hotel, retail complex, or other high-traffic commercial ventures.
Capitalize on this unique opportunity to leverage the anticipated surge in demand from the stadium project and the broader economic growth of the region.

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Office/Residential
Building Size
36,600 SF
Building Class
B
Year Built
1955
Price
$4,562,448 CAD
Price Per SF
$124.66 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
36,600 SF
Building FAR
0.31
Lot Size
2.70 AC
Zoning
Commercial Mfg. B - Very broad zoning, Commercial Manufacturing B, About 3.5 miles from Cleveland Browns new Stadium.
Parking
160 Spaces (4.37 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 1000
  • 1,500 SF
  • Office
  • Partial Build-Out
  • Now
  • 1st Fl-Ste 300
  • 1,350 SF
  • Office/Retail
  • Full Build-Out
  • Now

Flex space - great for contractors, light assembly, general office. This space is right up near lobby and conference rooms. Great access and space to meet clients.

  • 1st Fl-Ste 400
  • 1,350 SF
  • Office/Retail
  • Full Build-Out
  • Now
  • 1st Fl-Ste CW1
  • 100 SF
  • Office
  • -
  • Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

  • 1st Fl-Ste CW2
  • 100 SF
  • Office
  • -
  • Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

  • 1st Fl-Ste CW3
  • 100 SF
  • Office
  • -
  • Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

  • 1st Fl-Ste CW4
  • 100 SF
  • Office
  • -
  • Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

  • 1st Fl-Ste CW5
  • 100 SF
  • Office
  • -
  • Now
Space Size Space Use Build-Out Available
1st Fl-Ste 1000 1,500 SF Office Partial Build-Out Now
1st Fl-Ste 300 1,350 SF Office/Retail Full Build-Out Now
1st Fl-Ste 400 1,350 SF Office/Retail Full Build-Out Now
1st Fl-Ste CW1 100 SF Office - Now
1st Fl-Ste CW2 100 SF Office - Now
1st Fl-Ste CW3 100 SF Office - Now
1st Fl-Ste CW4 100 SF Office - Now
1st Fl-Ste CW5 100 SF Office - Now

1st Fl-Ste 1000

Size
1,500 SF
Space Use
Office
Build-Out
Partial Build-Out
Available
Now

1st Fl-Ste 300

Size
1,350 SF
Space Use
Office/Retail
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 400

Size
1,350 SF
Space Use
Office/Retail
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste CW1

Size
100 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste CW2

Size
100 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste CW3

Size
100 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste CW4

Size
100 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste CW5

Size
100 SF
Space Use
Office
Build-Out
-
Available
Now

1st Fl-Ste 300

Size 1,350 SF
Space Use Office/Retail
Build-Out Full Build-Out
Available Now

Flex space - great for contractors, light assembly, general office. This space is right up near lobby and conference rooms. Great access and space to meet clients.

1st Fl-Ste CW1

Size 100 SF
Space Use Office
Build-Out -
Available Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

1st Fl-Ste CW2

Size 100 SF
Space Use Office
Build-Out -
Available Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

1st Fl-Ste CW3

Size 100 SF
Space Use Office
Build-Out -
Available Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

1st Fl-Ste CW4

Size 100 SF
Space Use Office
Build-Out -
Available Now

Monthly rent is $500 total, including all utilities, wifi, and scheduled use of conference rooms.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
442-33-003
Land Assessment
$134,519 CAD
Improvements Assessment
$560,712 CAD
Total Assessment
$695,232 CAD
  • Listing ID: 34006256

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: 11699 Brookpark Rd, Parma, OH 44130

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