For Lease
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Property summary
This exceptional Class A medical office building, totaling 75,000 square feet, presents a prime investment opportunity. Constructed in 2007, the three-story building boasts 17 suites and offers multiple tenancy options. Currently, 11,572 square feet of space is available, with minimum divisible units of 2,967 square feet and a maximum contiguous space of 2,450 square feet. The building enjoys a highly visible location directly across from Southwest General Health Center, ensuring high traffic and visibility. Its strategic location provides easy access to major roadways, including I-71, I-480, and I-80 (Ohio Turnpike), enhancing convenience for both patients and staff. Ample parking is available with a generous 4.84 spaces per 1000 square feet, featuring multiple points of egress and a covered drop-off area for patient comfort. The building features attractive common areas and interior finishes, reflecting its Class A status. Furthermore, generous tenant improvement allowances and leasing incentives are available. This property offers a unique blend of accessibility, visibility, and modern amenities, making it an ideal location for medical practices seeking a prestigious and convenient setting. The building includes elevators for easy access to all three floors.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Middleburg Heights market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OB · Middleburg Heights, OHZoning
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Zoning designation
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The district profile from the municipal source: what is on file for OB in Middleburg Heights, OH.
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