2221 Brookpark RoadParma, OH 44134
DON'T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT !! This 2 story sits on one of Cleveland's highest traffic streets. Great visibility ! This property boasts - 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 turn key 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 units
| 3 months ago | Price changed to $399,900 | |
| 3 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Listing first seen on site |
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