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2801 Carnegie Avenue
Cleveland, OH 44115
Asking Price
$4.50M
Asset Type
Retail
Class
Class B
What's Special
One-of-a-kind Property in the Heart of Midtown/CBD <ul><li>Ample parking on 4.5 acres</li><li>Freeway visibility</li><li>50,000 SF warehouse space with 15,000 SF office area</li><li>6 drive-in doors</li><li>Radiant heat and fluorescent lighting</li><li>14-22 foot ceiling heights</li></ul>
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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537
