For Lease
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Property summary
This exceptional 43,812-square-foot medical office building in Euclid, Ohio, presents a unique investment opportunity. Situated on a 2.7-acre lot at 25701 N Lakeland Blvd, this Class B property boasts 11,350 square feet of vacant space, perfect for immediate occupancy. Built in 1965, the four-story building features 250 convenient surface parking spaces, two elevators, and a U8 zoning designation. The property benefits from recent upgrades, including a resealed parking lot, new roofing, and extensive interior renovations. Amenities include air conditioning, central heating, a security system, soundproof walls, and a kitchen. Its prime location offers excellent highway access via Interstate 90, providing easy commutes for employees and clients from surrounding areas like University Heights and Mayfield Heights. The building enjoys high visibility and proximity to major retailers, including CVS, Chase Bank, and an Amazon fulfillment center. This is an ideal location for medical practices seeking a well-maintained, conveniently located space with ample parking and immediate occupancy potential. The current incentives include one month of free rent, free build-out, and all utilities paid with a small utility fee. This presents a compelling opportunity to establish or expand a medical practice in a thriving area with strong access to major transportation routes and a variety of amenities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
U8 · Euclid, OH. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
. 1359.08 LOT AREA AND SETBACK REQUIREMENTS. CHAPTER 1360 U5 Commercial Districts (Repealed) CHAPTER 1361 U6 Industrial and Manufacturing Districts (Repealed) CHAPTER 1362 U7 Light Industrial Park Districts CHAPTER 1363…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for U8 in Euclid, OH.
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