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USAOHParmaBrookview2221 Brookpark Rd
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$399,900

2221 Brookpark Rd, Parma, OH

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size  sqft
Garage No
Maintenance Fees 
Taxes $3,743
Days Active 226
Approx. Age 1955
MLS® Number 5099911

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT!! This 2-story commercial property sits on one of Cleveland's highest traffic streets. Great visibility! This property boasts $53, 400 Gross Annual w/ 10.8% CAP. 2 suites w/ ~10, 800 + sq feet retail/office and 3500+ sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. This fully occupied turnkey investment is triple Net tenancy with $4, 100 Mo/ $49, 200 Annual Income. This low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. Occupants: Main Floor - Liquidation Company has been in business for 10 + years and uses the space for warehousing only. 2nd Floor - A well established and growing commercial photography / digital imaging company. Property Taxes - $3, 743 Annually - Insurance $1743 Annually Each occupant has a the balance of their two year lease with 2 year option add on. Tenants pay for all utilities and maintenance. Deposits for all unitsShow Description
MLS® Number5099911
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1955
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/C
Heating Fuel

Extras

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