1480 Center Rd

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1480 Center Rd

Avon, OH 44011
Asking Price
$6.03M
Asset Type
Office
Class
Class B

What's Special

1480 Center Road is situated in a high-traffic commercial corridor in Avon, Ohio, just north of the Interstate 90 interchange. The surrounding neighborhood features a mix of established professional services, retail centers, and medical facilities. It offers immediate access to local amenities including the French Creek Square shopping area, various dining options, and hospitality services. The location provides efficient regional connectivity via State Route 83 and the nearby highway system, serving the growing suburban population of Lorain County and the greater Cleveland metropolitan area. The property is well-suited for professional service firms, including legal, accounting, insurance, or creative agencies. Its proximity to major healthcare hubs also makes it a viable option for administrative medical offices or outpatient specialty services. The typical tenant profile consists of small to mid-sized businesses seeking a central, accessible suburban office environment with high visibility. The layout and location cater to organizations that prioritize ease of access for local clients and a manageable commute for employees residing in the surrounding residential communities.

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NOI
$80,000
Cap Rate
1.33%
DSCR
0.22
Underwater
Cash-on-Cash
-15.37%
Monthly Payment
$29,843.045
Annual Cash Flow
$-278,116.538

Location & Travel Times