4261 Fulton Parkway

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4261 Fulton Parkway

cleveland, OH 44144
Asking Price
Contact for price
Asset Type
Office
Class
Class B

What's Special

4261 Fulton Parkway is situated in the Old Brooklyn neighborhood of Cleveland, Ohio. The property occupies a visible corner lot near the intersection of Fulton Parkway and Memphis Avenue. The surrounding area features a mix of residential housing, local retail centers, and professional service offices. Neighborhood amenities include the Cleveland Metroparks Zoo and Brookside Reservation, both located within one mile. The site offers regional connectivity via State Route 176 and Interstate 480, providing access to downtown Cleveland and suburban corridors. Public transportation is available through multiple Cleveland RTA bus stops positioned along Fulton Parkway. The building is suited for small to mid-sized professional firms seeking decentralized office space outside the central business district. Potential use cases include medical suites, legal offices, accounting practices, or non-profit administrative headquarters. The floor plan supports a variety of layouts, from private consultation rooms to collaborative workspaces. Typical tenants for this profile include local service providers who benefit from neighborhood visibility and proximity to a stable residential population. The property’s location and interior configuration provide functional space for organizations requiring a professional environment with dedicated on-site parking and straightforward vehicular access for clients and employees.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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