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23833254
23833255

5637 Mayfield Rd, Lyndhurst, OH 44124

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$1,995,000
377 days on market
Updated 47 days ago

Former KeyBank

Details
Property Type Retail
Sub Type Bank
Square Footage 3,889
NOI $318,171
Tenancy Single
Brand/Tenant KeyBank
Lease Type NNN
Lease Term 15
Lease Expiration 07/31/2026
Remaining Term 0.1
Price per SqFt $513
Year Built 2011
Buildings 1
Acreage 0.830
Zoning CRG
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 08/01/2011

ALL-BRICK CONSTRUCTION | HARD CORNER LOCATION (40,000VPD+) | DRIVE-THRU CAPABILITY

Marketing description

Introducing Former KeyBank in Mayfield Heights, OH, a prime all-brick property boasting a hard corner location with high traffic volume of 40,000 VPD.

This versatile space includes drive-thru capability, making it a standout investment opportunity. The actual store photo offers a glimpse of the property's potential, presenting a compelling opportunity for a range of businesses. Strategically listed by DARK KEYBANK, this property offers a premier location perfect for businesses seeking visibility and accessibility.

The hard corner positioning ensures maximum exposure, while the drive-thru feature adds convenience for customers. Whether you're looking to capitalize on the prominent location or seeking a property with drive-thru compatibility, this Former KeyBank in Mayfield Heights, OH presents an unparalleled opportunity for savvy investors.

Investment highlights

  • NNN Lease | Limited Landlord Responsibilities

  • 1-Year Remaining on Original 15 Year Lease Term Corporate Guarantee | S&P Credit Rating "A-"

  • Hard Corner Signalized Intersection | Mayfield Rd and Brainard Rd

  • Combined Traffic Counts Exceed 39,950 VPD+

  • Excellent Visibility and Easily Accessible from Main Roads

  • Located in a Densely-Populated and Affluent Cleveland Sub-Market with Close Proximity to Interstate-271

  • 5 Mile Population Surrounding the Property is 182,033 3 Mile Average Household Income Exceeds $96,180

  • Neighboring Retail Tenants: Walgreens, Raising Canes, Chick-fil-A, Aldi, Tesla, Buffalo Wild Wings, Applebee's, KinderCare, Sonic, Dairy Queen and More

Listing Contacts

DB
OH BRKP.2020008390, MI 6502378067
Encore Real Estate Investment Services
BH
MI 6501393688
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$318,171.00
$26,514.25/mo

Valuation Metrics

0
DSCR
15.95%
Cap Rate
15.95%
ROI

Map

Zoning

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A-CBD CommercialSpecial CommercialLow Rise Office Building Community Business District
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View all 26 uses
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Deno Bistolarides
License
BRKP.2020008390
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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