2220 East 105th Street

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2220 East 105th Street

Cleveland, OH 44106
Asking Price
$1.60M
Asset Type
Shopping Center Retail
Class
Class B

What's Special

0.69 AC Opportunity Zone Development Adjacent to the Cleveland Clinic Main Campus <ul><li>​<span style="color: rgba(67, 82, 84, 1)">Potentially expandable to 0.88 AC with adjacent property</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">The site is positioned on the opportunity corridor boulevard with over 35k VPD (source ODOT TIMS)</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">Located adjacent to the new Meijer Fairfax Market</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">Dense market of 136,230 in a 3 mile radius and daytime population of 218,5

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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