Investment Overview

Marcus & Millichap is Pleased to Present The Cleveland Clinic Avon Lake Family Health Center, Located in Avon Lake, Ohio. The Single Tenant Medical Office Building is 100 Percent Leased to International Health System Provider, The Cleveland Clinic Foundation. Cleveland Clinic has Practiced in Avon Lake Since 2007 and Recently Renewed for Another Three-Year Term with One Additional Three Year Renewal Term. Options. The Healthcare Industry was Deemed Essential Through the Pandemic and Continue to Grow as Safe and Secure Investments. Cleveland Clinic was Founded in 1921 and is a 6,500-bed health system that includes a 173-acre main campus near downtown Cleveland, 18 hospitals, more than 220 outpatient facilities, and locations in southeast Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2020, there were 8.7 million total outpatient visits, 273,000 hospital admissions and observations, and 217,000 surgical cases throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 185 countries. The 1997 Developed Medical Building Stands at 12,100 Square Feet, Requiring Minimal Landlord Obligations Under the Double-Net (NN) Lease. At Cleveland Clinic Avon Lake Family Health Center, Physicians Specialize in Endocrinology, Optometry, Orthopaedic’s, Family Medicine, Neurology, Occupational Therapy, X-Ray’s, Speech Pathology and more. The Single Tenant Medical Building is Strategically Located on the Corner of Walker Rd and Avon Belden Rd which Features Over 20,000 Vehicles per Day. Neighboring Properties Include Walgreens, Great Clips, Buffalo Wild Wings, Conrad’s, Take 5 Oil Change, Sherwin-Williams, McDonald’s and more.