Profitable Investment Opportunity in
36901 American Way Avon, OH
For Sale
Contact for pricing
Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.
Lot Size0.47 Acres
Days on Market356
Property Features for 36901 American Way
General Information
- Standard status
- Active
- Lot size
- 0.47 Acres
- Property subtype
- RETAIL
Listing Agency:
Goodman Real Estate
(216) 342-9305
Listed By:
Kyle Hartung · License #SAL.2003016343
Source:
Moodyscre
Added: Aug 5, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:01AM
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
Investment Insights
Based on property information with market context.
Two adjacent condos are available for sale, currently under long-term leases to Buckeye Community Bank headquarters and R.A.B. Financial. Situated in Avon, Ohio, the location benefits from its proximity to Interstate 90, attracting businesses aiming to serve a broad geographic area encompassing Lorain and Cuyahoga Counties. Buckeye Bank has over 8 years remaining on its base term, while R.A.B. Financial has 4 years. Both tenants have annual rental increases incorporated into their leases, with CPI and 3% respectively, providing a growing return on investment. The lease structure requires tenants to reimburse for common area maintenance, real estate taxes, and insurance, making it a hands-off investment. Tenants are also responsible for interior space and HVAC repairs and replacements. The complex, known as 'American Way,' is located one block east of Interstate 90 and houses various well-known tenants, including Buckeye Bank Headquarters, RAB Financial, Cleveland Eye Clinic, Cleveland Clinic Family Health Center, Weston Dental, and Lake Erie Crushers.
Key Highlights
- High 8.15% Cap Rate, increasing annually
- Long‑term leases in place with established tenants: Buckeye Community Bank (8+ years remaining) and R.A.B. Financial (4 years remaining)
- Annual rental increases built into both leases: CPI and 3%, respectively
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cleveland Clinic - Family ...
Medical Clinic
Cleveland Clinic - Family ...
Medical Clinic
Cleveland Clinic - Medical ...
Medical Clinic
Chris Tomshack
Alternative Medicine Practice
Avon Pointe Professional ...
Dental Office
FAQs
What type of property is this?
Bank - Two adjacent condos leased to Buckeye Bank and R.A.B. Financial.
Where is this bank located?
The property is located at 36901 American Way Avon, OH.
What is the asking price?
The asking price for this property is $1,668,000.
What are key features of this property?
This property features: High 8.15% Cap Rate, increasing annually; Long‑term leases in place with established tenants: Buckeye Community Bank (8+ years remaining) and R.A.B. Financial (4 years remaining); Annual rental increases built into both leases: CPI and 3%, respectively
