Single-Tenant NNN Trade
For Sale
$3,771,000
14801 Broadway Avenue, Cleveland, OH 44125
Long-term occupied trade school property with annual 3% rent increases and recent culinary and welding upgrades.
Property Size33,352 SF
Days on Market49
Property Features for 14801 Broadway Avenue
General Information
Standard status
Active
Size
33,352 SF
Class
B
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
33,352 SF
Year Built
1975
Tenancy
Single
Listing Agency:
(440) 669-1109
Listed By:
Dan Lariccia
Source:
Passovgroup
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 5:43AM
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 Dan Lariccia
Investment Insights
Based on property information with market context.
This single-tenant, 100% occupied NNN trade school property is operated as a college and has been in business since 1987. Recent improvements include a new culinary school added in 2023 and a welding school added in 2024, along with rooftop HVAC package unit replacements and upgrades to the parking lot and sidewalk.
The property is described as having good location with immediate access to I-480. The building configuration is suited for potential flexibility, as it can be converted to a multi-tenant use due to its multiple entrances.
For buyers, the current lease structure includes annual 3% rental increases, supporting a predictable pattern of rent growth over the term. For operators or tenants considering an alternative layout, the facility’s existing school use and multi-entrance design can accommodate a reconfiguration to serve more than one end user.
The property is described as having good location with immediate access to I-480. The building configuration is suited for potential flexibility, as it can be converted to a multi-tenant use due to its multiple entrances.
For buyers, the current lease structure includes annual 3% rental increases, supporting a predictable pattern of rent growth over the term. For operators or tenants considering an alternative layout, the facility’s existing school use and multi-entrance design can accommodate a reconfiguration to serve more than one end user.
Key Highlights
- Single‑tenant, 100% occupied NNN trade school college in business since 1987
- Annual 3% rental increases in the lease for consistent NOI growth
- Recent improvements include new culinary school (2023) and welding school (2024)
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
Business Placement
Demographics for 44125, OH
29,663
Population
12,849
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
90%
High-School Grad
14.0 sq mi
ZIP Area
2,119
Density / Sq Mi
$55,524
Median Household Income
$37,292
Median Earnings
$1,103
Median Rent
$107,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
School - Long-term occupied trade school property with annual 3% rent increases and recent culinary and welding upgrades.
Where is this school located?
The property is located at 14801 Broadway Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $3,771,000.
What are key features of this property?
This property features: Single‑tenant, 100% occupied NNN trade school college in business since 1987; Annual 3% rental increases in the lease for consistent NOI growth; Recent improvements include new culinary school (2023) and welding school (2024)
