Property summary
- Property located in Westlake, OH; Cleveland’s premier suburban market (Median household income: $103,000+) - Class A 3-building portfolio (62% of portfolio completed in 2024) - Features long-term tenants with national credit, including medical and professional office users - Landlord-friendly leases with minimal landlord responsibilities and yearly rent increases - Proven history of steadily increasing rents - Portfolio weighted average lease term remaining (WALT): 7.75 years - Remaining office vacancies likely to benefit from medical users, who typically command higher rents and longer terms compared to office users - Directly adjacent to brand new retail development (Crocker Commons retail) and across from Crocker Park, a 4.5 million square foot award winning mixed-use development
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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