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27050640
27050639

5841 Broadway Ave, Cleveland, OH 44127

CW
OH 2025003205
Hanna Commercial Real Estate
RM
OH SAL.0000323516
Hanna Commercial Real Estate Cleveland
Listed by Hanna Commercial Real Estate, Hanna Commercial Real Estate Cleveland
$3,900,000
266 days on market
Updated 76 days ago

Broadway Shoppes

Details
APN 125-26-014
Property Type Retail
Sub Type Shopping Center
Square Footage 53,700
Cap Rate 9.40%
NOI $367,707
Tenancy Multi
Year Built 1988
Acreage 2.840

Investment Opportunity

Marketing description

  • Built in 1988 this 53,700 square foot shopping center is well situated at 5841 - 5857 Broadway Avenue in Cleveland, Ohio. The property features 120 surface level parking spaces across its 2.84 acres of land. It also boasts traffic counts of 18,000+ VPD on Broadway. This property is positioned excellently for commute and access to nearby amenities.

  • Centrally located near I-77 for easy highway access.

Listing Contacts

CW
OH 2025003205
Hanna Commercial Real Estate
RM
OH SAL.0000323516
Hanna Commercial Real Estate Cleveland
Listed by Hanna Commercial Real Estate, Hanna Commercial Real Estate Cleveland

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$367,707.00
$30,642.25/mo

Valuation Metrics

0
DSCR
9.43%
Cap Rate
9.43%
ROI

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Additional Information

Name
Colin Wiehn
License
2025003205
Brokerage Phone
2168615676
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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