KeyBank

KeyBank

KEYBANK
5900 St Claire Ave., Cleveland, OH 44103

PRICE $1,229,000
GLA 6,627 SF
PROPERTY TYPE Single Tenant Retail
CAP RATE 5.5%
LEASE TYPE ABSOLUTE NNN
LEASE EXPIRATION Nov. 2021
YEAR BUILT 2001
DEMOGRAPHICS
Total Population
1 – mi. – N/A
3 – mi. – N/A
5 – mi. – N/A
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Absolute NNN investment – Zero landlord obligations
  • Tenant recently extended its lease – Showing commitment to the site
  • Strong rental increases in future option periods
  • Three (3), Five (5) year options to renew
  • Fee simple interest (not a ground lease) – Allows for depreciation of building

City:Cleveland
State:OH
Square Feet:6,627 SF
Price:$1,040,000
Cap Rate:6.5%

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