101,104 SF (2.32 AC) REDEVELOPMENT REDEVELOPMENT SITE WITH IMMEDIATE ACCESS TO NEW OPPORTUNITY OPPORTUNITY CORRIDOR Cedar Ave. NEWLY BUILT Stokes Blvd. Development Site PPN 12124021 PPN 12124024 2.32 Acres Carnegie Ave. 10820-10822 & 10900 Carnegie Ave., Cleveland, OH • Central location in the heart of the University Circle • High-rise development potential, comparable to One • Development options may include medical offices • Adjacent properties can be combined to create a University Circle, (1 block north) and/or health-care providers,multi-family or student total land site of approx 132,000 SF (3.01 acres) • Existing 5 story office building w/ large parking lot, housing, research, institutional administrative, offices credit tenant will provide a one year leaseback. This for accounting firms, law firms, insurance, financial • Existing 22 unit apartment building with on-site planning, venture capital users, etc. parking, remains 100% occupied w/ excellent NOI combined income will provide resources to buyer while development plans proceed • Asking price: $45/SF of land area Bob Nosal, SIOR 216.469.5512 •
[email protected] NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, 6155 Rockside Road, Suite 304 AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, Independence, Ohio 44131 LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO +1 216 831 3310 WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.