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Medical Office Building with Leaseback
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26151 Euclid Ave, Euclid, OH 44132

NNN medical office building with a 7-year sale leaseback to an established regional medical tenant.

Property Size10,602 SF
Price / SF$91.96
Days on Market54

Property Features for 26151 Euclid Ave

General Information

Standard status Active
Size 10,602 SF
Class C
Property subtype Office
Occupancy 100%
Lease Type NNN
Investment Type Sale/Leaseback
Net Operating Income $78,000

Building Details

Units 4
Tenancy Single
Listing Agency: Sequoia Realty
Listed By: Patrick Dowd · License #OH SAL.2007000856
Source: Crexi
Added: Jul 8 Changed: Aug 28 Last Checked: Aug 29 at 10:15PM

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 Sequoia Realty

Investment Insights

Based on property information with market context.

This 10,602-square-foot medical office building is available for sale as an NNN investment opportunity with a sale leaseback structure. The offering includes a 7-year sale leaseback with credited regional medical tenant NOMS Healthcare, beginning on the date of sale.

The property is prominently located along Euclid Avenue with visibility along a heavily traveled corridor, reported at over 13,500 vehicles daily. Access is described as convenient to I-90 and SR-2, with public transportation and major commuter routes also noted in the materials. The location is minutes from Downtown Cleveland, University Circle, and regional healthcare and employment hubs.

The building is positioned to support ongoing medical office use under the existing leaseback arrangement.

Key Highlights

  • 10,602 SF medical office building at 26151 Euclid Ave, Euclid, OH 44132
  • Available for sale at $975,000 as an NNN investment opportunity with a 7‑year sale leaseback
  • Sale leaseback starts on the sale date with regional medical tenant NOMS Healthcare

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 44132, OH

14,524
Population
7,586
Households
1.9
Avg Household Size
37
Median Age
23%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
4,539
Density / Sq Mi
$46,014
Median Household Income
$36,284
Median Earnings
$1,031
Median Rent
$109,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - NNN medical office building with a 7-year sale leaseback to an established regional medical tenant.
Where is this medical center located?
The property is located at 26151 Euclid Ave Euclid, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 10,602 SF medical office building at 26151 Euclid Ave, Euclid, OH 44132; Available for sale at $975,000 as an NNN investment opportunity with a 7‑year sale leaseback; Sale leaseback starts on the sale date with regional medical tenant NOMS Healthcare
(216) 406-0476 Call to check price and availability
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