26250 EUCLID AVE Euclid OH 44132-3305

High-Yield Acquisition with Significant Lease-Up Potential

• Offered at $5.5M ($27.60/SF) with a 10.5% in-place Cap Rate at ONLY 47.4% occupancy.

• ±199,152 RSF multi-tenant office on ±9.99 acres; 9 stories plus basement.

• In-place tenancy of 48 tenants provides diversified income and reduces binary leasing risk during stabilization.

Historic Tax Credits & Strategic Redevelopment Plays

• 45% Historic Tax Credits: Historic designation provides a massive basis-reduction for residential conversion or capital improvements.

• Adaptive Reuse Potential: Ideal candidate for residential conversion or self-storage (basement/excess space) to diversify income streams.

Multiple Value-Add & Exit Strategies

• Incrementally increase occupancy and cash flow as a multi-tenant office asset by pushing rents to market, improving tenant mix, and re-tenanting floors over time without disrupting in-place income