Single-Tenant Office
For Sale
$1,267,281
8339 Tyler Boulevard, Mentor, OH 44060
Subject to a single-tenant NNN lease with annual escalations.
Property Size12,515 SF
Lot Size3.14 Acres
Price / SF$101.26
Days on Market90
Property Features for 8339 Tyler Boulevard
General Information
Standard status
Active
Size
12,515 SF
Lot size
3.14 Acres
Property subtype
Office
Net Operating Income
$161,780
Financials
Asking Price
$1,650,000
Cap Rate
9.8%
Building Details
Buildings
1
Building Size
12,515 SF
Tenancy
Single
Listing Agency:
(216) 363-6422
Listed By:
Michael Toth
(216) 363-6422
Source:
Cbre
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 30 at 1:41PM
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 Michael Toth
Investment Insights
Based on property information with market context.
This office building contains 12,515 SF and occupies a 3.14-acre site. The property is leased to one tenant under an NNN structure with annual escalations. The stated lease term expires October 2, 2024, and includes a 5 year tenant renewal option.
Risk Strategies occupies the property and is described as a national specialty broker focused on risk management advisory, insurance and reinsurance placement, and private client risk. The investment carries a stated 9.8% cap rate.
Risk Strategies occupies the property and is described as a national specialty broker focused on risk management advisory, insurance and reinsurance placement, and private client risk. The investment carries a stated 9.8% cap rate.
Key Highlights
- 12,515 SF office building on 3.14 acres
- Single‑tenant NNN lease structure
- Annual lease escalations
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 44060, OH
60,360
Population
27,276
Households
2.2
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
39.9 sq mi
ZIP Area
1,513
Density / Sq Mi
$85,881
Median Household Income
$51,736
Median Earnings
$1,156
Median Rent
$227,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Subject to a single-tenant NNN lease with annual escalations.
Where is this office building located?
The property is located at 8339 Tyler Boulevard Mentor, OH.
What is the asking price?
The asking price for this property is $1,267,281.
What are key features of this property?
This property features: 12,515 SF office building on 3.14 acres; Single‑tenant NNN lease structure; Annual lease escalations
