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Tremendous NNN Value Add or Owner/User Inv. 6000 Parkland Blvd 77 333 pi² 100% Loué 5-Étoile Bureau Immeuble Mayfield Heights, OH 44124 8 055 910 $ CAD (104,17 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- LOCATION, LOCATION, LOCATION! Unbelievable opportunity for Class A professional building at far below replacement cost
- Stabilized 15.28% CAP rate & whopping 40% tear-1 projected cash-on-cash return at asking price (95% occ.), generating an estimated $934k NOI increase
- Strong current tenancy offering in-place income from recent NNN lease extension with Howard Hanna (top residential real estate company nationally)
- Irreplaceable real estate: tremendous upside (33% occupied) or value-add investment, perfect opportunity for owner/user headquarters location
- Signalized corner at entrance to Landerhaven Corp. center | Excellent exposure on Lander & across from Parker Hannifin’s global HQ (61K employees)
- Highly affluent market: Avg. household incomes $146K+ in 5 miles with state-rated Excellent & top-rated Mayfield Exempted Village School District
RÉSUMÉ DE L'ANNONCE
• LOCATION, LOCATION, LOCATION! Unbelievable Opportunity for Class “A” Value-Add Professional Building at Far Below Replacement Cost
• Irreplaceable Real Estate with Tremendous Upside (Current Occupancy at 33%) or Value-Add Investment
• Perfect Opportunity for Owner-User Headquarter Location
• Stabilized 15.28% CAP Rate and Whopping 40% Year-1 Projected Cash-on-Cash Return Based on Asking Price (95% Occupancy), Generating an Estimated $933,642 Increase to NOI
• Signalized Corner Location at Entrance to Well-Known Landerhaven Corporate Center with Excellent Exposure Along Lander Road and Directly Across From Parker-Hannifin’s Global Headquarters (61,000 Company-Wide Employees)
• Strong Current Tenancy Offering In-Place Income from Recent NNN Lease Extension with Howard Hanna (Top Residential Real Estate Company Nationally)
• Ideal Contiguous Layout Conducive to Mixed Uses with Two Identical Wings Connected by a Large Diagonally Oriented Glass Atrium - One Wing of the Building Extends to the South (Lander) While the Other Extends to the East (Parkland)
• High-End Building Amenities with Significant Tenant Improvements, Beautifully Landscaped Grounds, Ample Surface Parking on Oversized Lot Perfect for High Parking Demand Businesses, Multiple Interior Upgrades and Attractive Commercial Kitchen in Vacant Unit
• Located Amongst Some of the Highest Concentration of Office Occupancy Rates in the Greater Cleveland Marketplace: Surrounded by Parker-Hannifin Global Headquarters, Progressive Corp., Rockwell Automation (2,000 On-Site Employees), Nesco, ParkOhio, Vibrantz, & Ferro
• One of the Most Desirable and Sought Out Suburban Markets in Northern Ohio for Office, Retail and Other Commercial Properties with Close Proximity to I-271 (137,000+ VPD)
• Just 2 Miles from Cleveland Clinic’s Hillcrest Hospital with Approx. 500 Beds and Over 10,000 Employees, Serving the East Side of Cleveland
• Extremely High Visibility Along Lander Road with Excellent Curb Appeal, Prominent Monument Signage, and Easy Access with Convenient Highway Access to I-271 From Cedar Road and Mayfield Road
• Strong, Affluent Market with Average Household Incomes of Over $146,000 Within 5-Miles with State-Rated “Excellent” and Top-Rated Mayfield Exempted Village School District
• Major Complimentary Nearby National Retailers: Eastgate Shopping Center, Golden Gate Plaza, Newer Construction Pinecrest Lifestyle Center, Eton Lifestyle Center, Legacy Village, Pavilion, Village Square, Harvard Park and Beachwood Place Mall, Along with Numerous Fitness Centers, Hotels and Restaurants
• Numerous Other Nearby Major Employers: University Hospital’s Ahuja Medical Center (2,500 Employees and $200 Million Recent Expansion), Cleveland Clinic (83,000 Employees), Eaton Corporation HQ (2,000 Employees), Bank of America, Cuyahoga Community College, Site Centers Corp. HQ and ABB Inc. (500 Employees)
• Desirable Suburban Community with Short Commute (14.5 Miles) to Downtown Cleveland with Immediate Proximity to Several Colleges/Universities and Numerous Other High-Profile Companies and Only 25 Miles to Cleveland Hopkins International Airport
• Irreplaceable Real Estate with Tremendous Upside (Current Occupancy at 33%) or Value-Add Investment
• Perfect Opportunity for Owner-User Headquarter Location
• Stabilized 15.28% CAP Rate and Whopping 40% Year-1 Projected Cash-on-Cash Return Based on Asking Price (95% Occupancy), Generating an Estimated $933,642 Increase to NOI
• Signalized Corner Location at Entrance to Well-Known Landerhaven Corporate Center with Excellent Exposure Along Lander Road and Directly Across From Parker-Hannifin’s Global Headquarters (61,000 Company-Wide Employees)
• Strong Current Tenancy Offering In-Place Income from Recent NNN Lease Extension with Howard Hanna (Top Residential Real Estate Company Nationally)
• Ideal Contiguous Layout Conducive to Mixed Uses with Two Identical Wings Connected by a Large Diagonally Oriented Glass Atrium - One Wing of the Building Extends to the South (Lander) While the Other Extends to the East (Parkland)
• High-End Building Amenities with Significant Tenant Improvements, Beautifully Landscaped Grounds, Ample Surface Parking on Oversized Lot Perfect for High Parking Demand Businesses, Multiple Interior Upgrades and Attractive Commercial Kitchen in Vacant Unit
• Located Amongst Some of the Highest Concentration of Office Occupancy Rates in the Greater Cleveland Marketplace: Surrounded by Parker-Hannifin Global Headquarters, Progressive Corp., Rockwell Automation (2,000 On-Site Employees), Nesco, ParkOhio, Vibrantz, & Ferro
• One of the Most Desirable and Sought Out Suburban Markets in Northern Ohio for Office, Retail and Other Commercial Properties with Close Proximity to I-271 (137,000+ VPD)
• Just 2 Miles from Cleveland Clinic’s Hillcrest Hospital with Approx. 500 Beds and Over 10,000 Employees, Serving the East Side of Cleveland
• Extremely High Visibility Along Lander Road with Excellent Curb Appeal, Prominent Monument Signage, and Easy Access with Convenient Highway Access to I-271 From Cedar Road and Mayfield Road
• Strong, Affluent Market with Average Household Incomes of Over $146,000 Within 5-Miles with State-Rated “Excellent” and Top-Rated Mayfield Exempted Village School District
• Major Complimentary Nearby National Retailers: Eastgate Shopping Center, Golden Gate Plaza, Newer Construction Pinecrest Lifestyle Center, Eton Lifestyle Center, Legacy Village, Pavilion, Village Square, Harvard Park and Beachwood Place Mall, Along with Numerous Fitness Centers, Hotels and Restaurants
• Numerous Other Nearby Major Employers: University Hospital’s Ahuja Medical Center (2,500 Employees and $200 Million Recent Expansion), Cleveland Clinic (83,000 Employees), Eaton Corporation HQ (2,000 Employees), Bank of America, Cuyahoga Community College, Site Centers Corp. HQ and ABB Inc. (500 Employees)
• Desirable Suburban Community with Short Commute (14.5 Miles) to Downtown Cleveland with Immediate Proximity to Several Colleges/Universities and Numerous Other High-Profile Companies and Only 25 Miles to Cleveland Hopkins International Airport
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Bureau
Taille du bâtiment
77 333 pi²
Classe d’immeuble
A
Tarification de LoopNet
5 Étoiles
Année de construction
1998
Prix
8 055 910 $ CAD
Prix par pi²
104,17 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
25 777 pi²
Coefficient d’occupation des sols de l’immeuble
0,28
Taille du lot
6,30 AC
Zonage
U-7 - Immeuble de bureaux
Stationnement
409 places (5,29 places par 1 000 pi² loué)
COMMODITÉS
- Accès 24 heures
- Atrium
- Accès contrôlé
- Installations de conférences
- Cour
- Service d'alimentation
- Gestionnaire d'immeuble sur place
- Système de sécurité
- Affichage
- Puits de lumière
- Accessible aux fauteuils roulants
- Terrasse sur le toit
- Espace d'entreposage
- Affichage sur monument
- Sièges extérieurs
- Climatisation
- Balcon
- Détecteur de fumée
PRINCIPAUX LOCATAIRES Cliquez ici pour accéder à
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- TYPE DE BAIL
- FIN DU BAIL
- Howard Hanna Real Estate Services
- -
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | TYPE DE BAIL | FIN DU BAIL | |
| Howard Hanna Real Estate Services | - | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
DONNÉES DÉMOGRAPHIQUES
Données démographiques
1 Mille
3 Mille
5 Mille
2020 Population
7 565
61 916
150 702
2024 Population
7 479
59 661
145 967
Croissance démographique '20-'24
-1,1%
-3,6%
-3,1%
2020 Ménages
3 369
27 442
63 778
2024 Ménages
3 334
26 438
61 756
Croissance des foyers '20-'24
-1,0%
-3,7%
-3,2%
Âge moyen
46
44
43
Revenu médian par ménage
83 100 $
81 119 $
79 098 $
Employés de jour
9 575
49 324
123 076
Total des entreprises
838
4 587
11 525
Diplôme collégial et diplôme supérieur
47%
53%
52%
Valeurs en dollars américains
Impôts fonciers
| Numéro de lot | 863-17-002 | Évaluation des bâtiments | 2 235 723 $ CAD |
| Évaluation du terrain | 788 271 $ CAD | Évaluation totale | 3 023 993 $ CAD |
Impôts fonciers
Numéro de lot
863-17-002
Évaluation du terrain
788 271 $ CAD
Évaluation des bâtiments
2 235 723 $ CAD
Évaluation totale
3 023 993 $ CAD
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Tremendous NNN Value Add or Owner/User Inv. | 6000 Parkland Blvd
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