Northeast Medical Building 26151 Euclid Ave 10,602 SF 100% Leased Office Building Euclid, OH 44132 $1,384,705 CAD ($130.61 CAD/SF) 8% Cap Rate

This 10,602-square-foot medical office in Euclid, Ohio, presents a stable and fully occupied NNN investment opportunity anchored by a 7-year sale leaseback with a well-established regional medical tenant, NOMS Healthcare. The property offers investors a turnkey acquisition with zero landlord responsibilities, delivering predictable returns with an 8.0% cap rate and $78,000 NOI. Recent capital improvements, including a new roof, updated HVAC systems, and new windows, enhance long-term operational security.
Positioned along the heavily traveled Euclid Avenue corridor, the building benefits from high visibility and direct frontage exposure to over 13,500 vehicles per day. Its location offers easy access to major routes, including I-90 and SR-2, and provides seamless connectivity to public transportation networks. Situated minutes from Downtown Cleveland, University Circle, and several leading healthcare institutions, this property is ideally positioned for sustained tenant stability and strong rental performance. With ADA-compliant entry points, ample rear parking, and proximity to significant employment hubs, the property combines functionality, accessibility, and income security for discerning investors.