Redevelopment Opportunity

Redevelopment Opportunity

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. naipvc.com REDEVELOPMENT OPPORTUNITY 2.32 AC REDEVELOPMENT SITE WITH IMMEDIATE ACCESS TO NEW OPPORTUNITY CORRIDOR Location Features • Provides immediate access to new opportunity corridor • Excellent location at the start of Carnegie Ave. & the foot of Cedar Hill; this is the driving entrance to University Circle • Bordering the cultural epicenter of Cleveland, a three-minute walk of SITE the RTA & Case QUAD • Central location in the heart of the University Circle district Click icon for interactive map For pricing info contact 6155 Rockside Road, Suite 304 Independence, Ohio 44131 Bob Nosal, SIOR +1 216 831 3310 216.469.5512 • [email protected] Click for interactive map of university Circle amenities naipvc.com REDEVELOPMENT OPPORTUNITY Major Attractions Map 2.32 AC REDEVELOPMENT SITE WITH IMMEDIATE ACCESS TO NEW OPPORTUNITY CORRIDOR Join in at ThisisCLEVELAND.COM Junior University Magnolia League of Circle Inc. Montes sori The Music Nobby’s Ballpark East Cleveland Clubhouse Settlement Rockefeller Mount Zion Cleveland Hawken School High School Township Cemetery Congregational at University Circle MAGN Circle Health BLAINE AVE Park Sally and Bob OLIA D EAST 118TH STREET Church RI Services M Gries Center at V MAJOR ATTRACTIONS MA Cleveland E Cleveland A GNOLIA DRIVE Gestalt R University Circle East T E I Friends EAST 11 A Institute Public Library, N Cleveland Township L R ST Meeting Hough Branch U IS of Cleveland T O Cemetery C2 Cleveland Botanical Garden H N 1 KENMORE AVE KENMO E – 0 Euclid RE AVE R D 8TH 5TH STR NUE K IL Cleveland C1 Cleveland History Center IN L Gate A G ST DiSanto R Louis Stokes History Center J D The Sculpture Center R Field Cleveland Veterans E2 The Cleveland Institute of Art B D and Artists Archives MERIDIAN AVE I R K Affairs Medical EET 1 H I E of the Western Reserve V A Center E C2 The Cleveland Museum of Art R E R IV I S R D C1 Cleveland Museum of ON L E University E 123RD ST EAST 93RD STRE Rockefeller – HAZ Circle Police HARKNESS R D Cleveland Natural History Lagoon I Judge Jean RD D D L VA Institute A Department TALBOT AVENUE L LE O A Murrell Capers U of Music R C3 Cleveland Public Library, R O EAST Centers for R D B Tennis Courts B T IVE Linsalata Dialysis Care S R D I Martin Luther King, Jr. Branch K A UNIPE 116TH P D E E J Alumni HOLYROOD ROAD W L Cleveland A Cleveland Museum A Center EAST 11 ANS Y D3 Dittrick Medical HistoryET Center & V Hearing & Speech EDMUNDS AVENUE of Natural History O DE LACE EL ROAD Center WA Kulas MuseumEDMUNDS AVENUE Glidden BELLFLOWER R Happy Dog EAST 90TH 5 Stage Cleveland House T Botanical H at Euclid Tavern E1 East Cleveland Township Wade Oval FORD DRIVE Jack, Joseph and STRE Hotel EAST 120TH STREET Garden Morton Mandel COL Thurgood Cemetery MOUNT Community ET SINAI DRIVE TMAN ROAD STREET The Cleveland Marshall EAST 10 WADE Studies Center C2 Kulas Stage at Wade Oval Circle Link Institute of Art Recreation JE EAST 89T George S. B2 The Milton and Tamar Maltz P T OVAL Center HA DRI VE Dively 5TH STREET HOUGH AVENUE Building Performing Arts Center Peter B. Lewis HESSLER ROAD H Building D2STREET MOCA Cleveland E1 The Sculpture Center and Artists 2 Cleveland Center HealthLine The Albert Archive of the Western Reserve for Membrane and The Cleveland MOCA D and Norma Holy Rosary Structural Biology H Museum of Art Toby’s o Cleveland A Geller Hillel a Catholic Church C3 Severance Hall R Plaza n LAMONT AVENUE R Student Center IS MAYFI ELD ROAD B Tinkham Veale Circle Link O r N M o University Center Transplant House E EAST 93RD STREET LAMONT AVENUE – o A The Milton and D A Tony Brush R S k Church of of Cleveland CircleLink is a FREE public shuttle IL T T Tamar Maltz L I Park 90TH STREET the Covenant N A EA CWRU American Cozad– Performing Arts RD L Courtyard by service for visitors to University Circle U ST Cancer Society - Center BI T Bates H Marriott K E Hope Lodge B House E R CAMPUS and Little Italy WOODWARD AVENUE W K O A IN U Y G L JR E Kelvin Chabad at D Fine Arts V PAUL AVENUE Chinese R A IV Smith E Garden R CWRU and Cultural D UH Seidman EAST 87TH STREET Library EAST 86TH University Circle Garden EUCLID AVENUE Cancer Center CORNELL ROAD RIVE STREET Severance Judson Wade Hall ROAD Manor CLE D Lagoon IR OM Dittrick C D EAST 101ST STREET University Circle Cleveland N United Methodist Church Medical History A Sight Center Pentecostal Church R Center & Museum UNIVERSITY of Christ 3 CHEST ER AVEN UE Emergency CHESTER AVENUE CHEST EAST 86TH STREET ER EAST 100TH STREET A EAST 87T VENU Amasa UNIVERSITY E Stone Chape l ADELBERT ROAD HOSPITALS MURRAY HILL ROAD United States Cleveland Public Library, Adelbert Hall OAD H STREET CIRCLEFuture site of CWRU Martin Luther King, Crawford L R EAST 93RD ST Post Office EAST 93RD ST Ronald McDonald House Hall E HIL EAS Health Education Campus Jr. Branch CAMPUS V EAST 89TH of Cleveland I GE United Cerebral Palsy R ED D T 90TH ST American UH Rainbow Babies of Greater Cleveland E Iris S. and Bert L. Cancer & Children’s Hospital Society David E. Wolstein Center CIRCL ST Davis Circle Link HealthLine EUCLID AVENUE Sculpture MARTIN LU LID A VENU E CWRU EUC Cole Garden East Mount Zion Eye Institute EAST H Holiday Taussig A THER KING J CAMPUS InterContinental Baptist Church ST RR Cancer Inn OKES BOULEVARD IS EAST 8 Suites DEERING AVENUE EA O Institute 105TH STREET S N– A T DELBERT RO ST 90TH STREET E D EA AR MURRAY HILL ROAD CLEVELAND IL R W.O. Walker N L D 6TH STRE ST 100TH STREET S A RIV R R Center D STREET Crile O D E OA A BIKE A R D TH CLINIC D Building ON Taussig John Hay Cleveland T 89 WA ET 4 T Cancer High School School of EAST 96TH STREET CAMPUS Center the Arts Y CARL EAS InterContinental Hotel & Conference Center CARNE GIE AVENUE CARN EGIE AVENUE Veale Center CARNEG IE AVENU E EAST 90TH STREE EAST The Tudor Arms Hotel by Sears Cuyahoga County think[box] Emergency 100T DoubleTree SITEMedical Examiner Lerner Research WILBUR A VENUE EAST 107T 5 MINUTE WALK Institute H STRE REET H S T ET A B TH ST C D E TREET CEDAR AVENUE 6155 Rockside Road, Suite 304 CEDAR AVENUE For pricing info contactEAST 106 BioEnterprise CEDAR AVENUE Independence, Ohio 44131 Bob Nosal, SIOR +1 216 831 3310 216.469.5512 • [email protected] naipvc.com REDEVELOPMENT OPPORTUNITY Transportation Maps 2.32 AC REDEVELOPMENT SITE WITH IMMEDIATE ACCESS TO NEW OPPORTUNITY CORRIDOR A MULTIMODAL UNIVERSITYLEE AVE CIRCLEITASCA AVE TRANSPORTATION GUIDE E 120 ST 120 E E 118 ST 118 E E 116 ST 116 E E 115 ST 115 E E 114 ST 114 E E 112 ST 112 E E 111 ST 111 E C I T Y O ASHBURY AVE GLENVILLEENNNVVI WADE PARK AVE E 107 ST 107 E E 106 ST 106 E WADE PARK AVE TO WINDERMERE EASEEAASASTASTST EAST CLEVELAND TOWNSHIP CLCLELELEVELANDLAANNDD R D CEMETERY E D DR O OLIA T N E V 10 G L E 118 ST E 108 ST 108 E A M T L S I B M R T S D E 115 ST 115 E A L EUCLID AVE E Cleveland Louis Stokes Cleveland E Case Western LAKE VIEW History Center Z ROCKEFELLERROCKEFELELLER VA Medical Center A Reserve University CEMETERY EAST H PARK BL VD RD ER P E 123 ST M Cleveland I 38 Institute of N L U K Cleveland Music J J R Museum of R DR Natural History D AL Cleveland V Botanical 38 O WADE Garden FORD RD E D A OVAL 38 BELLFLOWER RD W Cleveland Institute of Art E 124 PL 124 E E 123 ST 123 E COLTMAN RD COLTMAN E 120 ST 120 E Case Western HESSLERUPTOWN RD ST 119 E E 117 ST 117 E LITTLE ITALY HOUGHH Cleveland Reserve University MOCA E 126 Museum of Art Cleveland 9 E ST 105 E TONY FAIRVIEW CT 9 BRUSH E PARK A S PAUL AVE T CORNELL RD ST 115 E M B L DR CIRCLE K L V PARK LN J R D FAIRVIEW AVE D RANDOM RD R FINE E 101 ST ARTS EUCLID AVE University Hospitals D GARDEN R L ADELBERT RD IL D R EH G K D O E O MURRAY HILL RD L 48 R E 48A V 48 RESERVE CT 48A O 7 32 M CLEVELANDCLCLEVELLEVLEEVEVEVVELELELALAANNDND L K CIRCLE DR E 107 ST STEARNS RD J HHEEIGEIE GHGHTSHHTTS R AREY RD N TO DOWNTOWNDOWNTOW D R Case Western DEERING AVE Reserve University 7 Cleveland EUCLID HTS.

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