6330 York Road
Parma Heights, OH
Price:
$538000
Cap Rate:
8.00%
NOI:
$43,036
Building Size:
Approx. 4312 Sq. Ft.
Lot Size:
Approx. 0.41 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built / Renovated:
1986 / 2014
Investment Overview
- 4,312+/- SF Building on .41+/- Acre Site
- 9-Year Lease With 10% Rent Bump in Year 6 & Each Option Period
- Along York Rd (23,000 Cars / Day), just shy of Intersection with Pearl Rd (24,000 Cars / Day)
- Near Walmart, Sears, PETCO, Einstein Bagels, OfficeMax, Dollar Tree, NTB, Applebee’s, & McDonald’s
- 12-Miles SW Cuyahoga Community College (31,000+ Students) | 11-Miles SW from Quicken Loan Arena (CAVS – NBA)
- Parma Heights is located 12-Miles S of Cleveland, OH | 6-Miles E of Cleveland Hopkins International Airport
- More than 37% of Fortune 500 Co.’s are present in NE Ohio | 3-Mile Average Household Income: $57,327
- Greater Cleveland: 28th Largest MSA in the US | Population: 2,077,240