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Bank

PNC Bank (Dark)

536 Broadway Ave, Bedford, OH 44146

Listing Price: $600,000

Tenant Name
PNC Bank
Years Remaining On Lease
0.6
Guarantor
Corporate Guarantee
Rentable SF
1,960
Lease Type
Ground Lease
Rent Per Square Feet
$8.88

Investment Overview

Formerly a PNC Bank, this property consists of 1,960 square feet on a 0.35 acre lot on the corner of Broadway Ave & Grace St in Bedford, OH. PNC shuttered this location in the summer of 2022 and is obligated to pay rent until their expiration, October 2023. Bedford is situated in a convenient location, only 12 miles southeast of Cleveland and 24 miles north of Akron, with easy access to several interstates. It is less than a 30-minute drive away from various amenities such as the Cleveland Airport, world-class healthcare, arts and music, Lake Erie, fine dining, the Cleveland Zoo, professional sports, farmers markets, the Cuyahoga Valley Scenic Railroad, universities and colleges, and the Gateway to the Cuyahoga Valley National Park System, Cleveland Metroparks and many historic sites. Bedford boasts numerous geographical benefits, such as its proximity to both I-271 and I-480, which are located within less than 3 miles radius, as well as being close to the Norfolk Southern and Cleveland Commercial Railway lines. Additionally, it offers easy access to regional and international airports within a 45-minute drive.

Investment Highlights

  • Backfill or Redevelopment/Value-Add Potential
  • Freestanding Building
  • Remaining Cash Flow
  • Corner Lot
  • Drive-Thru
  • Pylon Signage
  • Cleveland MSA

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $600,000

Tenant Name
PNC Bank
Years Remaining On Lease
0.6
Guarantor
Corporate Guarantee
Rentable SF
1,960
Lease Type
Ground Lease
Rent Per Square Feet
$8.88

Investment Highlights

  • Backfill or Redevelopment/Value-Add Potential
  • Freestanding Building
  • Remaining Cash Flow
  • Corner Lot
  • Drive-Thru
  • Pylon Signage
  • Cleveland MSA

Investment Overview

Formerly a PNC Bank, this property consists of 1,960 square feet on a 0.35 acre lot on the corner of Broadway Ave & Grace St in Bedford, OH. PNC shuttered this location in the summer of 2022 and is obligated to pay rent until their expiration, October 2023. Bedford is situated in a convenient location, only 12 miles southeast of Cleveland and 24 miles north of Akron, with easy access to several interstates. It is less than a 30-minute drive away from various amenities such as the Cleveland Airport, world-class healthcare, arts and music, Lake Erie, fine dining, the Cleveland Zoo, professional sports, farmers markets, the Cuyahoga Valley Scenic Railroad, universities and colleges, and the Gateway to the Cuyahoga Valley National Park System, Cleveland Metroparks and many historic sites. Bedford boasts numerous geographical benefits, such as its proximity to both I-271 and I-480, which are located within less than 3 miles radius, as well as being close to the Norfolk Southern and Cleveland Commercial Railway lines. Additionally, it offers easy access to regional and international airports within a 45-minute drive.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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