Medical/Professional Office Space Available

36855 American Way, Avon, OH

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For Sale

Contact for pricing

Located in a fast-growing trade area with high visibility.

Type:OFFICE

Property size:

2,836 SF

Lot size:

1.22 Acres

Price / SF:

$167/SF

HighLights

Prominent visibility to Interstate 90
Located in a fast‑growing, regional trade area
Positioned in the northwest quadrant of the I‑90 and State Route 83 interchange
Located on Chester Road
Suited for medical and professional services
Located west of the Interstate 90 and State Route 83 interchange

We can help!

Listing Contact

Shaun Brady

Learn more

For Sale

Contact for pricing

Located in a fast-growing trade area with high visibility.

Type:OFFICE

Property size:

2,836 SF

Lot size:

1.22 Acres

Price / SF:

$167/SF

Added:: Jun 17, 2024
Days on Market:: 737
Last Refresh:: May 20 at 8:37 pm

Property Features for 36855 American Way

General Information

Standard status: Active
Size: 2,836 SF
Lot size: 1.22 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Shaun Brady

Listing agent Shaun Brady License #SAL.2010003126

Listing office Goodman Real Estate

Listing date Jun 17, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate

HighLights

Prominent visibility to Interstate 90
Located in a fast‑growing, regional trade area
Positioned in the northwest quadrant of the I‑90 and State Route 83 interchange
Located on Chester Road
Suited for medical and professional services
Located west of the Interstate 90 and State Route 83 interchange

Overview

This property, situated within Avon Pointe, is suitable for medical and professional services. It is located on Chester Road, west of the Interstate 90 and State Route 83 interchange, in the northwest quadrant of a rapidly developing regional trade area. The property offers prominent visibility to Interstate 90. The property size is 2836 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.2k	$19.80
− Vacancy	−$8.4k	−$2.97
EGI	$47.7k	$16.83
− OpEx	−$11.9k	−$4.21
NOI	$35.8k	$12.62

2,836 SF · lease $19.80/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$511.4K

$447.5K – $596.6K (±1% cap)

NOI $35,797 @ 7.0% cap · market cap 7.54%

Second Best

Healthcare Medical

$488.4K

$427.4K – $569.9K (±1% cap)

NOI $34,191 @ 7.0% cap · market cap 7.20%

Theoretical Best

Office A

$714.7K

$625.3K – $833.8K (±1% cap)

NOI $50,027 @ 7.0% cap · market cap 10.53%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Dr. Elaheh Zarchi, ... Dental Office Crowell Carolyn B Dental Office Dr. Charissa K. ... Dental Office Weston Dental Dental Office Dr. Maria Elena ... Dental Office

Suggested Use

Similar Places Nearby

Petco Vaccination Clinic — 35860 Chester Rd, Avon, OH 44011, United States

Location Insight

Map
Local Demand

City: Avon
County: Lorain
State: Ohio
Longitude: -82.0284
Latitude: 41.4652

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For sale
Medical Office Space
OH
Avon
36855 American Way

What type of property is this?

Medical Office Space - Located in a fast-growing trade area with high visibility.

Where is this medical office space located?

The property is located at 36855 American Way Avon, OH.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Prominent visibility to Interstate 90; Located in a fast‑growing, regional trade area; Positioned in the northwest quadrant of the I‑90 and State Route 83 interchange

36855 American Way, Avon, OH

Located in a fast-growing trade area with high visibility.

Property Features for 36855 American Way

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Historic Avon Restaurant/Bar Investment

Avon Flex Building on Colorado

Avon Flex Space with Drive-Through

Industrial Building on Five Acres

Profitable Investment Opportunity in Avon

84,000 SF Office Build-to-Suit

Topgolf Absolute Net Lease Property

Avon Office Investment Opportunity

Avon Office Building For Sale

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