PRICE REDUCED! Staples - NNN Leased Investment

Net Leased Investment Staples 5950-5966 Mayfield Rd. Mayfield Heights, OH 44124 Offering Summary       Price: $5,600,000 PRICE REDUCED - $4,900,000      Net Operating Income: $269,000      Tenant since 1998      CAP Rate: 5.5%      Gross Building Area: 26,900 Sq. Ft. (+/-)       Price/SF: $182.15      Rent/SF: $10.00 NNN      Lot Size: 1.97 Acres Investment Highlights NNN Lease Investment Brand New Shopping Center Development coming soon on Adjacent Property with Starbucks, Restaurants, Retail, Medical Offices & Senior Living Located along Mayfield Rd.(26,000 VPD) Nearby on/off ramp access to I-271(127,000 VPD) 0.7 miles west of Golden Gate Plaza (366,000 SF) anchored by Marshalls, JOANN Fabrics & World Market 1.5 miles west of Eastgate Shopping Center (410,683 SF) anchored by Old Navy, Michaels, Marcs & Micro Center 1.5 miles west of Cleveland Clinic Hillcrest Hospital Other nearby national/credit tenants including Costco, Best Buy, Target, Walmart, Starbucks and more Nearby apartment complexes include Gates Mills Place (1,178 units), The Drake (986 units) and Coppertree (342 units) Patrick Dowd, Vice President 216.406.0476 Patrick@SequoiaRealty.com If you have any questions or would like to schedule a viewing, call or email me. SEE ALL LISTINGS ‌ ‌ ‌ ‌