6105 Parkland Blvd Mayfield Heights, OH 44124

The Elk & Elk Building is a two-story Class A office building located in the Landerhaven/Landerbrook submarket, one of Cleveland's strongest suburban office markets. Constructed in 2007 as part of the Landerhaven Office Park, a 1.7 million square foot office complex comprising 17 buildings, the property is situated just three minutes from the Interstate 271 exit at Brainard/Cedar, near Beachwood Place, Legacy Village, Cleveland Clinic Beachwood Campus, and Acacia Reservation. The building offers a parking ratio of over 4.5 spaces per 1,000 SF and a covered portico at the rear entrance. The first floor provides multiple space plan design options, while the second floor features a corporate headquarters-type space. The property is 92.4% leased with a weighted average lease term of over 7 years and 3 months as of May 2021. With three newly completed leases, the building has reestablished itself in the submarket by resetting rents, creating potential income upside for a long-term investor. Located less than 4 minutes from the I-271 Exit and Brainard/Cedar, this Class A opportunity sits in Landerhaven Corporate Center.