Bank
KeyBank
5900 St Clair Ave., Cleveland, OH 44103
Listing Price: $1,411,280
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease KeyBank in Cleveland, OH. The property consists of a 5,554-square-foot, freestanding building that sits on approximately 1.08 acres of land. There are three years remaining on the lease with 10 percent rental increases every five years.
KeyBank
Investment Highlights
- Absolute Net Lease with Three Years Remaining – Tenant Exercised Their Most Recent Option in 2021.
- Near the Signalized Hard Corner of St Clair Avenue and East 55th Street (33,795 VPD) with Easy Access to Interstate 90 (114,918 VPD)
- Dense Infill Location - 206,756 Residents and 341,424 Employees (Five-Mile Radius)
- Corporate Lease with KeyBank National Association (NYSE: KEY)
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Listing Price: $1,411,280
Investment Highlights
- Absolute Net Lease with Three Years Remaining – Tenant Exercised Their Most Recent Option in 2021.
- Near the Signalized Hard Corner of St Clair Avenue and East 55th Street (33,795 VPD) with Easy Access to Interstate 90 (114,918 VPD)
- Dense Infill Location - 206,756 Residents and 341,424 Employees (Five-Mile Radius)
- Corporate Lease with KeyBank National Association (NYSE: KEY)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease KeyBank in Cleveland, OH. The property consists of a 5,554-square-foot, freestanding building that sits on approximately 1.08 acres of land. There are three years remaining on the lease with 10 percent rental increases every five years.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
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