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2085 Clague Rd 2,350 SF 100% Leased Retail Building Westlake, OH 44145 $1,046,940 CAD ($445.51 CAD/SF) 4.12% Cap Rate
EXECUTIVE SUMMARY
Introducing a prime retail investment opportunity at 2085 Clague Rd, Westlake, OH. This well-maintained property features a 2,350 SF building with 2 units, offering a solid investment potential. Built in 1985 and zoned GB, it is ideally positioned in the thriving Westlake area. With 100% occupancy, this property presents a stable income stream for the discerning investor. Don't miss the chance to add this high-performing asset to your portfolio.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$43,162
|
$18.37
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $43,162 |
| Annual Per SF | $18.37 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,350 SF
Building Class
C
Year Built
1985
Price
$1,046,940 CAD
Price Per SF
$445.51 CAD
Cap Rate
4.12%
NOI
$43,162 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.23 AC
Zoning
GB
Parking
15 Spaces (6.38 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Astron Tailors
- Retailer
- 1,200 SF
- $16.75 CAD
- Oct 2026
- Wise Guys Haircut
- Retailer
- 1,200 SF
- $24.43 CAD
- Mar 2031
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Astron Tailors | Retailer | 1,200 SF | $16.75 CAD | Oct 2026 | ||
| Wise Guys Haircut | Retailer | 1,200 SF | $24.43 CAD | Mar 2031 |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 214-26-016 | Improvements Assessment | $64,003 CAD |
| Land Assessment | $30,569 CAD | Total Assessment | $94,572 CAD |
PROPERTY TAXES
Parcel Number
214-26-016
Land Assessment
$30,569 CAD
Improvements Assessment
$64,003 CAD
Total Assessment
$94,572 CAD
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2085 Clague Rd
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