Solon Office Building For
33095 Bainbridge Rd Solon, OH
33095 Bainbridge Rd, Solon, OH, 00000
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For Sale
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High-end, fully furnished office building ideal for corporate headquarters.
Property Size15,160 SF
Lot Size3.73 Acres
Price / SF$263.52
Days on Market908
Property Features for 33095 Bainbridge Rd
General Information
- Standard status
- Active
- Size
- 15,160 SF
- Lot size
- 3.73 Acres
- Property subtype
- OFFICE
Properties For Sale
at 33095 Bainbridge Rd Contact us
Listing agency
Cresco Real Estate | Cleveland
(216) 525-4676
Listed by
Robert P. Garber, SIOR
Source
Moodyscre
Added: Jan 25, 2024 Updated: Jul 6 at 10:11AM Checked: Jul 21 at 5:41AM
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 Cresco Real Estate | Cleveland
Investment Insights
Based on property information with market context.
This high-end, fully furnished, state-of-the-art single-story office building is located in Solon. Ideally suited as a corporate headquarters, the building offers flexibility for multi-tenancy. It features a stunning entryway and lobby, along with 22 unique rounded cubicles, 12 private offices, a kitchen with a cozy lounge area, and a 20-person executive conference room. Several smaller conference rooms and "think-tank" areas are available to promote collaboration. The property benefits from extensive interior and exterior glass lines. Various HVAC zones provide complete air conditioning and heating. A drive-in door allows for indoor parking or storage. An exercise room is equipped with treadmills and other equipment. An outdoor patio provides space for relaxation. The property is in close proximity to restaurants, shopping, hotels, and entertainment. The building has a property size of 15160 square feet.
Key Highlights
- High‑end, fully furnished, state‑of‑the‑art single‑story office building ideal for corporate headquarters.
- Flexibility for multi‑tenancy.
- Stunning entryway/lobby, 22 unique rounded cubicles, 12 private offices, kitchen with cozy lounge area, and 20‑person executive conference room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $287.4k | $18.96 |
| − Vacancy | −$70.4k | −$4.65 |
| EGI | $217.0k | $14.31 |
| − OpEx | −$54.3k | −$3.58 |
| NOI | $162.8k | $10.74 |
15,160 SF · lease $18.96/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.33M
$2.03M – $2.71M
NOI $162,759 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$12.15M
$10.63M – $14.17M
NOI $850,280 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - High-end, fully furnished office building ideal for corporate headquarters.
Where is this office building located?
The property is located at 33095 Bainbridge Rd Solon, OH.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: High‑end, fully furnished, state‑of‑the‑art single‑story office building ideal for corporate headquarters.; Flexibility for multi‑tenancy.; Stunning entryway/lobby, 22 unique rounded cubicles, 12 private offices, kitchen with cozy lounge area, and **20‑person executive conference room.**
