2221 Brookpark Road | Parma
DON\u0027T MISS THIS COMMERCIAL TRIPLE NET (NNN) ALL BRICK 2 STORY INVESTMENT !!\r\nThis 2 story sits on one of Cleveland\u0027s highest traffic streets. Great visibility !\r\n\r\nThis property boasts - 2 suites w/ ~10,800 \u002B sq feet retail/office and 3500\u002B sq feet open storage space in basement accessed by main floor unit and includes 6 off street parking spaces up front. \r\n\r\nThis fully occupied turn key investment is triple Net tenancy with $4,100 Mo/ $49,200 Annual Income. \r\nThis low - to no maintenance asset is prime to add value and cash flow to your portfolio at nearly a 9 Cap return. \r\n\r\nOccupants: \r\nMain Floor - Liquidation Company has been in business for 10 \u002B years and uses the space for warehousing only. \r\n2nd Floor - A well established and growing commercial photography / digital imaging company. \r\nProperty Taxes - $3,743 Annually - \r\nInsurance $1743 Annually \r\n\r\nEach occupant has a the balance of their two year lease with 2 year option add on. \r\nTenants pay for all utilities and maintenance. \r\nDeposits for all units MLSNow 5099911
Directions to property: Near the corner of Brookpark \u0026 Broadview.