Broadview-North

Investment Overview

5261-5273 Broadview Road presents a well-located office/retail investment opportunity in Parma, Ohio. The approximately 8,650-square-foot building is situated at the northeast corner of Broadview Road and North Avenue, approximately one block south of Brookpark Road, offering strong visibility, convenient access, and a prominent location. The property is being offered for sale at $535,000, or approximately $62 per square foot. The building is currently 100% occupied by two established tenants, both of which have leases extending through May 31, 2028. The property's long-standing tenancy, stable income stream, strong parking, and convenient location make it an attractive opportunity for an investor seeking a well-positioned commercial asset with existing cash flow.

Investment Highlights

• $535,000 Asking Price ($62/SF)
• 100% Occupied
• Two Established Tenants with Leases Expiring May 31, 2028
• $81,696 in Total Annual Income
• Approximately $50,296 Estimated NOI
• Approximately 9.4% Going-In Cap Rate
• Strong Parking Availability
• Well-Maintained Condition
• Prominent Broadview Road Frontage
• 20,406 Vehicles Per Day on Broadview Road
• Located Approximately One Block South of Brookpark Road
• Excellent Visibility and Convenient Access
• Long-Term Tenant History and Stable Existing Cash Flow