SINGLE_FAMILY - Cleveland, OH
8,000 SF Suburban Retail Plaza Investment with Clear Value-Add Strategy located between Pleasant Valley & Broadview Rd Intersection and Meijer's. High Visibility along Broadview Rd and High-Traffic Shared Access Drive with Pleasant Valley Shopping Center. 3 Access Points, 1 signalized. 100% Occupied: 2 Tenants: $12 PSF on 6,800 SF & $18 PSF on 1,200 SF. Clear Future Value-Add Opportunity: dividing 6,800 SF Unit into many 1,200-2400 SF Units and taking rent from $12 PSF to market rent. High Residual Land Value: 100ft Frontage with Excess Land in Rear. Being offered at 8 cap on in-place rents. Well-maintained by original landlord since constructed.
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