Creative Playroom - Westlake OH
Retail | 6.79% CAP
Listing Contacts
See All (4)
License: TX 771801
License: IL 475163385, CA License No. 02185827
Active
Asking Price: $3,175,000
Address
26830 Detroit Rd, Westlake, OH 44145
Show on MapDate Added
Mar 20, 2025
Days on Market
53 days
Time Since Last Update
53 days
Details
Property TypeRetail
SubtypeDay Care/Nursery
Investment TypeNet Lease
TenancySingle
Remaining Term8 years
Net Rentable (sq ft)11,089
Cap Rate6.79%
NOI$215,659
Year Built1990
Lot Size (acres)2.19
Rent BumpsAnnual Increases, Lesser of 2% or 1x CPI
Lease Options4 (5-Year)
OwnershipFee Simple (Land & Building)
INTELLIGENCEMarketing Description
PART OF A FIVE PROPERTY PORTFOLIO IN CLEVELAND MSA
Valuation Calculator
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$215,659.00
$17,971.58/mo
Valuation Metrics
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0
DSCR
6.79%
Cap Rate
6.79%
ROI
Due Diligence
Listing Contacts
See All (4)- License: TX 771801
- License: IL 475163385, CA License No. 02185827
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