Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Stable Existing Income Four established long-term tenants provide durable cash flow and occupancy stability.
  • Strong Physical Infrastructure Brick construction, updated roof systems, and substantial parking capacity support long-term operational performance.
  • Highland Heights is recognized as one of Greater Cleveland’s established suburban professional and healthcare-oriented communities.
  • Immediate Value-Add Opportunity Vacant suite availability offers near-term upside through strategic leasing initiatives.
  • Current ownership structure includes landlord-paid utilities, creating future opportunities for expense recovery optimization.
  • The area benefits from stable residential demographics, strong healthcare demand drivers, and convenient access to regional transportation corridors.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
C
Year Built
1988
Price
$1,376,079 CAD
Price Per SF
$91.74 CAD
Cap Rate
8%
NOI
$110,086 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,854 SF
Building FAR
0.26
Lot Size
1.31 AC
Zoning
O-B - Mixed

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

About 850 BRAINARD RD , HIGHLAND HEIGHTS, OH 44143

MEDICAL OFFICE INVESTMENT OPPORTUNITY Institutional-Quality Suburban Medical Office Asset Positioned within the established healthcare and professional corridor of Highland Heights, this multi-tenant medical office asset offers investors the rare combination of stable occupancy, durable construction, and meaningful upside potential. Encompassing approximately 13,794 square feet on a well-positioned 1.66-acre site, the property is designed to support long-term medical and professional office tenancy with functional suite layouts, abundant parking, and excellent accessibility throughout the Greater Cleveland suburban market. The asset currently features four long-term tenants with one available suite, presenting immediate leasing upside while maintaining consistent in-place cash flow. Parking for 50+ Vehicles Excellent Access & Visibility, DDA compliant Established Suburban Medical Corridor Newer Flat Roof Individually Heated Suites, After-Hours HVAC Available, Common Parts WC Facilities Gas Utility Service, Bicycle Storage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,600 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Office space, medical, dental, holistic, homecare, professional Building highlights Medical / Professional Office Space for Lease – Highland Medical Center Property: Highland Medical Center Location: Corner of Wilson Mills Rd & Brainard Rd Available Space: ±3,600 SF Lease Rate: $14.00/SF + Utilities Availability: Immediate Property Overview Highland Medical Center is a well-established medical and professional office building serving the eastside suburbs of the greater Cleveland area. The property is prominently located at the signalized intersection of Wilson Mills Road and Brainard Road with immediate access to I-271, providing excellent visibility and convenient access for patients and staff. The building is home to a variety of healthcare providers including dental practices, an eye clinic, and a physical therapy/Pilates studio, creating a strong medical tenant mix. Available Suite – ±3,600 SF This suite was previously occupied by a physician’s practice and is fully built out for medical use. The layout includes: Reception area and spacious waiting room Multiple exam rooms Physician and staff offices Nursing station Procedure room X-ray room Lunch/break room Separate restrooms The existing floor plan allows for a quick and cost-effective move-in for medical or healthcare users. Ideal Uses Medical practice Dental office Physical therapy / rehabilitation Holistic or wellness practice Professional office use Location Highlights Prime corner location with excellent visibility Immediate access to I-271 Less than 10 minutes from Hillcrest Hospital and UH Richmond Medical Center Convenient to the surrounding communities of Highland Heights, Mayfield, Richmond Heights, Lyndhurst, and Beachwood Additional Information Only one suite currently available Numerous leasing concessions available for qualified tenants Turn-key medical buildout - just bring your finishing touches

Space Size Space Use Build-Out Available
1st Floor 3,600 SF Office/Medical Full Build-Out 30 Days

1st Floor

Size
3,600 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
30 Days

1st Floor

Size 3,600 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available 30 Days

Office space, medical, dental, holistic, homecare, professional Building highlights Medical / Professional Office Space for Lease – Highland Medical Center Property: Highland Medical Center Location: Corner of Wilson Mills Rd & Brainard Rd Available Space: ±3,600 SF Lease Rate: $14.00/SF + Utilities Availability: Immediate Property Overview Highland Medical Center is a well-established medical and professional office building serving the eastside suburbs of the greater Cleveland area. The property is prominently located at the signalized intersection of Wilson Mills Road and Brainard Road with immediate access to I-271, providing excellent visibility and convenient access for patients and staff. The building is home to a variety of healthcare providers including dental practices, an eye clinic, and a physical therapy/Pilates studio, creating a strong medical tenant mix. Available Suite – ±3,600 SF This suite was previously occupied by a physician’s practice and is fully built out for medical use. The layout includes: Reception area and spacious waiting room Multiple exam rooms Physician and staff offices Nursing station Procedure room X-ray room Lunch/break room Separate restrooms The existing floor plan allows for a quick and cost-effective move-in for medical or healthcare users. Ideal Uses Medical practice Dental office Physical therapy / rehabilitation Holistic or wellness practice Professional office use Location Highlights Prime corner location with excellent visibility Immediate access to I-271 Less than 10 minutes from Hillcrest Hospital and UH Richmond Medical Center Convenient to the surrounding communities of Highland Heights, Mayfield, Richmond Heights, Lyndhurst, and Beachwood Additional Information Only one suite currently available Numerous leasing concessions available for qualified tenants Turn-key medical buildout - just bring your finishing touches

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
822-27-002
Land Assessment
$153,178 CAD
Improvements Assessment
$155,730 CAD
Total Assessment
$308,908 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40563090

  • Date on Market: 2026-05-17

  • Last Updated:

  • Address: 850 Brainard Rd, Highland Heights, OH 44143

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}