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Single-Tenant Office

4261 Fulton Parkway

4261 Fulton Pkwy, Cleveland, OH 44144

Listing Price: $9,067,841

Cap Rate
6.75%
Tenant Name
Cuyahoga County
Years Remaining On Lease
5.3
Gross SF
60,860
Guarantor
State Agency
Rentable SF
58,642
Price/Gross SF
$149.00
Lease Type
Gross Lease
Rent Per Square Feet
$17.37

Investment Overview

This 58,000 square foot investment opportunity is leased in its entirety to Ohio's Cuyahoga County. This property houses a division of Cuyahoga County's Department of Employment and Family Services. This opportunity offers an investor the opportunity to realize long-term stabilized cash flow with a solid, recession-resistant government tenant. Cuyahoga County continues to consolidate operations to this location, is of critical mission importance and investment continues on site making this a stable site location for the use.

Investment Highlights

  • Investment opportunity with a single Tenant lease with Cuyahoga County (Moody's credit rating Aa1) - Critical operations for area with a building built specifically for Use
  • 58,000 square foot building close to downtown Cleveland and highway systems continues to support area critical needs - Stable investment with Recession proof occupancy
  • Lease backed and guaranteed by Cuyahoga County, the most populous county in the State of Ohio

Exclusively Listed By

  • John A. Mundell

    First Vice President Investments

    Email John

    License(s): MI: 6506046921

    Detroit

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Single-Tenant Office

4261 Fulton Parkway

Listing Price: $9,067,841

Cap Rate
6.75%
Tenant Name
Cuyahoga County
Years Remaining On Lease
5.3
Gross SF
60,860
Guarantor
State Agency
Rentable SF
58,642
Price/Gross SF
$149.00
Lease Type
Gross Lease
Rent Per Square Feet
$17.37

Investment Highlights

  • Investment opportunity with a single Tenant lease with Cuyahoga County (Moody's credit rating Aa1) - Critical operations for area with a building built specifically for Use
  • 58,000 square foot building close to downtown Cleveland and highway systems continues to support area critical needs - Stable investment with Recession proof occupancy
  • Lease backed and guaranteed by Cuyahoga County, the most populous county in the State of Ohio

Investment Overview

This 58,000 square foot investment opportunity is leased in its entirety to Ohio's Cuyahoga County. This property houses a division of Cuyahoga County's Department of Employment and Family Services. This opportunity offers an investor the opportunity to realize long-term stabilized cash flow with a solid, recession-resistant government tenant. Cuyahoga County continues to consolidate operations to this location, is of critical mission importance and investment continues on site making this a stable site location for the use.

Exclusively Listed By

  • John A. Mundell

    First Vice President Investments

    Email John

    License(s): MI: 6506046921

    Detroit

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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