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5945 Mayfield Rd 5,500 SF Retail Building Mayfield Heights, OH 44124 $4,201,735 CAD ($763.95 CAD/SF) 6% Cap Rate



Investment Highlights
- Prime Mayfield Road in Mayfield Heights
- 7 Year NNN Lease
- Complete Renovation 2025
- Largest Credit Union In The World
- No Landlord Responsibility
- Rent Increase Year 4
Executive Summary
Navy Federal Credit Union-largest Credit Union in the world. Brand new 7 year NNN Lease. No Landlord responsibility. Mayfield Road in prime Mayfield Heights, Ohio. Complete renovation in 2025.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
B
Year Built/Renovated
1995/2025
Price
$4,201,735 CAD
Price Per SF
$763.95 CAD
Cap Rate
6%
NOI
$252,104 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.74 AC
Zoning
U4, Mayfield Heights
Parking
44 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
37’ on Mayfield Rd
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 861-09-044 | Improvements Assessment | $286,337 CAD |
| Land Assessment | $155,477 CAD | Total Assessment | $441,814 CAD |
Property Taxes
Parcel Number
861-09-044
Land Assessment
$155,477 CAD
Improvements Assessment
$286,337 CAD
Total Assessment
$441,814 CAD
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Presented by
Arch Real Estate Group
5945 Mayfield Rd
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