Keller Williams | Strongsville, OH
Sands Investment Group is Pleased to Present Exclusively For Sale a Single Tenant Net Leased Real Estate Office Building in the Cleveland Suburb of Strongsville, Ohio. This is a Fee Simple Property Leased By Keller Williams Encore, on an Absolute 10 Year Lease, With 6 Years Remaining in the Primary Term. Strongsville is a Busy and Growing Commercial and Residential City Located at the the Intersection of Interstate 71 and Interstate 80, Known as the Ohio Turnpike.
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibility
- Keller Williams is a Strong Tenant That Operates Internationally With Over 940 Offices in Over 50 Global Regions
- Keller Williams Has a Long Operating History at This Location Since 2006
- Rental Increase in Year 1 to $138,000 – Which Will Then Boost the CAP Rate to 8.73%
- Low Price Point and Hands-Off Lease Structure is Ideal For 1031 Investors
- Located on the Thriving Hwy 42 and Pearl Road Commercial Corridor in Strongsville Which is a Major Cleveland Suburb
- Solid Daytime Population is Due to the Large Number of Industrial Employers in the Area
- Strongsville Has Experienced Some of the Strongest Residential and Commercial Growth in Northeast Ohio Over the Last 20 Years
- Nearby Tenants Include: Costco, Target, Dillard’s, Big Lots, Kohl’s, Dick’s, Starbucks, Dunkin’, Old Navy, Taco Bell, Forever 21, Best Buy and More
In Cooperation With Cooper Commercial Investment Group, LLC
BoR: Dan Cooper – Lic. #2009003618
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
