16122 LAKESHORE BLVD

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16122 LAKESHORE BLVD

CLEVELAND, OH 44110
Asking Price
$2.45M
Cap Rate
10.32%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Cleveland, OH | 10.31% CAP Rate | AutoZone Anchored Neighborhood Center <p><span style="color: rgba(17, 17, 17, 1)">Cleeman Realty Group is pleased to present the exclusive opportunity to acquire Euclid Beach Plaza located at 16122 Lakeshore Boulevard, Cleveland, OH. Euclid Beach Plaza is anchored by investment-grade AutoZone (newly extended through 2031) and a dark Family Dollar that provides guaranteed income through June 2029, creating a rare low-risk opportunity to re-tenant the largest box at current market rents for substantial upside. With over 60% national-c

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NOI
$80,000
Cap Rate
3.27%
DSCR
0.55
Underwater
Cash-on-Cash
-8.91%
Monthly Payment
$12,121.263
Annual Cash Flow
$-65,455.159

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