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The Fives at Erieview Plaza 55-75 Erieview Plz 278 772 pi² 57% Loué Bureau Immeuble Cleveland, OH 44114 À vendre
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Faits saillants de l'investissement
- Receivership auction opportunity for a 278,772 SF office campus in Downtown Cleveland.
- Anchored by the City of Cleveland, occupying 116,816 SF.
- Located across from the $218M Erieview Tower redevelopment project.
- Value-add investment with 57% occupancy and significant lease-up potential.
- Renovated in 2017 with upgrades to common areas, elevators, HVAC, and lobby.
- Immediate access to I-90, transit, and Cleveland's major business and entertainment destinations.
Résumé de l'annonce
Auction Date: 9/8-9/10. Starting Bid: $1,750,000
The Fives at Erieview is a 278,772-square-foot office complex comprising of three (3) 7-story buildings at 55–75 Erieview Plaza located in downtown Cleveland, Ohio, directly across from the $218M redevelopment at the Erieview Tower. Originally constructed in 1968 and renovated in 2017, has undergone significant capital investment (2017) across the lobby, common areas, elevators, HVAC, and lower-level walkway. At 57% occupancy, the Property is largely occupied by the City of Cleveland, leasing 116,816 square feet. Other tenants include The Main Squeeze Cafe, 1144 Legal Group LLC, Sobel Wade & Mapley, Salus Development, APB & Associates, and Sigma of Ohio. The Property presents a compelling value-add opportunity via lease-up, allowing a new owner to drive immediate value through the absorption of available space. Exceptionally well located in the heart of Downtown Cleveland, the Property provides convenient access to major transit and Interstate-90, along with proximity to prime destinations such as Huntington Bank Field, Progressive Field, Rocket Mortgage Field House, Cleveland State University, Rock & Roll Hall of Fame, and Tower City Center. Additionally, the building is surrounded by many world-class hospitality options including the Ritz-Carlton, Marriott, Hyatt, and Hilton.
The Fives at Erieview is a 278,772-square-foot office complex comprising of three (3) 7-story buildings at 55–75 Erieview Plaza located in downtown Cleveland, Ohio, directly across from the $218M redevelopment at the Erieview Tower. Originally constructed in 1968 and renovated in 2017, has undergone significant capital investment (2017) across the lobby, common areas, elevators, HVAC, and lower-level walkway. At 57% occupancy, the Property is largely occupied by the City of Cleveland, leasing 116,816 square feet. Other tenants include The Main Squeeze Cafe, 1144 Legal Group LLC, Sobel Wade & Mapley, Salus Development, APB & Associates, and Sigma of Ohio. The Property presents a compelling value-add opportunity via lease-up, allowing a new owner to drive immediate value through the absorption of available space. Exceptionally well located in the heart of Downtown Cleveland, the Property provides convenient access to major transit and Interstate-90, along with proximity to prime destinations such as Huntington Bank Field, Progressive Field, Rocket Mortgage Field House, Cleveland State University, Rock & Roll Hall of Fame, and Tower City Center. Additionally, the building is surrounded by many world-class hospitality options including the Ritz-Carlton, Marriott, Hyatt, and Hilton.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Vente sur saisie
Type de propriété
Bureau
Taille du bâtiment
278 772 pi²
Classe d’immeuble
B
Année de construction/rénovation
1968/2020
Pourcentage loué
57%
Location
Multiples
Hauteur du bâtiment
7 étages
Superficie de plancher typique
37 000 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
6,81
Taille du lot
0,94 AC
Zone de développement économique
Oui
Zonage
SI-C6
Commodités
- Atrium
- Centre de conditionnement physique
- Service d'alimentation
- Restaurant
- Système de sécurité
- Terrasse sur le toit
- Sièges extérieurs
1 1
Moyennement accessible à pied
70/100
Très bien adapté aux voitures
80/100
Bons transports en commun
70/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 2 301 437 $ CAD | |
| Évaluation du terrain | 985 450 $ CAD | Évaluation totale | 3 286 887 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
985 450 $ CAD
Évaluation des bâtiments
2 301 437 $ CAD
Évaluation totale
3 286 887 $ CAD
Contacts
-
Matt Tarshis -
Andrew Rubin -
Andrew Slovis -
Zack Pearlstein -
Frontline Real Estate Partners
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Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
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Présenté par
The Fives at Erieview Plaza | 55-75 Erieview Plz
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