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20100-20106 Chagrin Blvd 4,950 SF 100% Leased Retail Building Shaker Heights, OH 44122 $1,137,889 CAD ($229.88 CAD/SF) 8.03% Cap Rate
Investment Highlights
- Triple-net investment property with a strong tenant mix and attractive income
- CM zoning permits retail, restaurant, office, service, and upper-floor residential uses
- Option for 1,500 square feet available for a potential owner-user
Executive Summary
Prime investment opportunity at 20100–20106 Chagrin Boulevard in Shaker Heights. The property features a strong tenant mix, triple-net lease income, and an attractive return. An approximately 1,500-square-foot space may also be available for an owner-user seeking to occupy a portion of the property while benefiting from the existing rental income. A small one-bedroom apartment on the second floor provides an additional source of income. Offered for sale by Berkshire Hathaway HomeServices Professional Realty.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront
Building Size
4,950 SF
Building Class
C
Year Built
1950
Price
$1,137,889 CAD
Price Per SF
$229.88 CAD
Cap Rate
8.03%
NOI
$91,365 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.22 AC
Zoning
CM - CM – Commercial Mixed Use. This district permits a pedestrian-oriented mix of retail, restaurants, professional and medical offices, business and pers
Parking
13 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 736-29-029 | Improvements Assessment | $239,584 CAD |
| Land Assessment | $37,606 CAD | Total Assessment | $277,190 CAD |
Property Taxes
Parcel Number
736-29-029
Land Assessment
$37,606 CAD
Improvements Assessment
$239,584 CAD
Total Assessment
$277,190 CAD
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20100-20106 Chagrin Blvd
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