FOR SALE

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1O8mrur

FOR SALE

INCOME-PRODUCING OFFICE INVESTMENT PROPERTY

27881 CLEMENS ROAD ● WESTLAKE, OHIO

PROPERTY DETAILS:

• 8,000 SF freestanding, one-story office building/condo on a 1.49 acre parcel

• Built in 2000, the building currently consists of two (2) suites in a wooded setting

• 5,000 SF leased through 5/2017; 3,000 SF leased through 12/2015

• Well-kept spaces include: reception areas, vestibule/foyers, executive offices,

conference rooms, open work areas

• Ample, free surface parking available (ratio of 9.37/1,000)

• Approximately 7,000 businesses and 71,500 daytime employees within 5 miles

• Population: 133,470 within 5 miles; 440,686 within 10 miles

• Average household income within 5 miles: $96,343

• 13.7 miles from Cleveland Hopkins Airport and 17 miles from Downtown Cleveland

• Great location in Westlake, situated one mile north of I-90 and Crocker Road

• Asking sale price: $995,000

Michael P. Petrigan ● Executive Managing Director ● 216.453.3017 ● mpetrigan@ngkf.com

Licensed Real Estate Salesperson

1350 Euclid Ave., Suite 300 ● Cleveland, OH 44115

www.ngkf.com/cleveland

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement

acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale,

rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is

submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.


INTERIOR PHOTOS

Michael P. Petrigan ● Executive Managing Director ● 216.453.3017 ● mpetrigan@ngkf.com

Licensed Real Estate Salesperson

1350 Euclid Ave., Suite 300 ● Cleveland, OH 44115

www.ngkf.com/cleveland


FLOOR PLAN/EXTERIOR PHOTOS

Taxes and

association

fees are

approximately

$2.00/SF

Michael P. Petrigan ● Executive Managing Director ● 216.453.3017 ● mpetrigan@ngkf.com

Licensed Real Estate Salesperson

1350 Euclid Ave., Suite 300 ● Cleveland, OH 44115

www.ngkf.com/cleveland


MAP/EXTERIOR PHOTOS

N

W

E

Lake Erie

S

Promenade

of Westlake

Crocker

Park

27881 Clemens Rd

Westlake, Ohio

Hilliard Blvd.

Canterbury Rd. Elmwood Rd.

First Street

Lakewood

Country

Club

N

W

E

S

27881 Clemens Road

Clemens Road

Michael P. Petrigan ● Executive Managing Director ● 216.453.3017 ● mpetrigan@ngkf.com

Licensed Real Estate Salesperson

1350 Euclid Ave., Suite 300 ● Cleveland, OH 44115

www.ngkf.com/cleveland

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