2221 Brookpark Road, Parma OH 44134

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$449,999

2221 Brookpark Road, Parma, OH 44134

bedrooms

bathrooms

square feet

Acreage

0.1102

Open Houses

year built

1955

Full Baths

Half Baths

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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

Location
Subdivision	Brookview
County	Cuyahoga
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 5099911

Listing agent: James P Matheos #2015001911

Listing broker: Keller Williams Citywide (440) 892-2211

Last update: Thursday, February 13 2025 at 11:22 p.m. EST

Kotohomes National