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5637 Mayfield Rd
Cleveland, OH 44124
Former KeyBank · Retail Property For Sale
Investment Highlights
- NNN Lease | Limited Landlord Responsibilities
- Corporate Guarantee | S&P Credit Rating "A-"
- Excellent Visibility and Easily Accessible from Main Roads
- 1-Year Remaining on Original 15 Year Lease Term
- Hard Corner Signalized Intersection | Mayfield Rd and Brainard Rd
- Located in a Densely-Populated and Affluent Cleveland Sub-Market with Close Proximity to Interstate-271
Executive Summary
FORMER KEYBANK | ALL-BRICK CONSTRUCTION | HARD CORNER LOCATION (40,000VPD+) | DRIVE-THRU CAPABILITY
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,889 SF
Building Class
B
Year Built
2010
Price
$2,737,938 CAD
Price Per SF
$704.02 CAD
Cap Rate
15.95%
NOI
$436,658 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.89 AC
Zoning
CRG
Parking
16 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 712-21-012 | Improvements Assessment | $503,685 CAD |
| Land Assessment | $435,140 CAD | Total Assessment | $938,825 CAD |
Property Taxes
Parcel Number
712-21-012
Land Assessment
$435,140 CAD
Improvements Assessment
$503,685 CAD
Total Assessment
$938,825 CAD
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