Stabilized NNN investment in Parma, Ohio's largest suburb. ±60,165 SF two-level building; the entire ±31,500 SF first floor is 100% leased to Oakmont Education (charter-school operator) under two triple-net leases with matching terms through 6/30/2036 with two 5-year options to 2046. Priced at $3,999,000 - 8.5% cap on ±$339,635 stabilized NOI. Tenant pays taxes, insurance & CAM; controllable costs capped at 4%/yr. Recently recapitalized: new roof, HVAC, exterior paint, ±47,500 SF parking, ~$399K school build-out. Upside: vacant ±28,665 SF second-floor storage plus a contractual +$20,365/yr rent step-up (by 9/1/2028). Prime Ridge Rd (SR-3) location, 27,600+ VPD, ±0.5 mi to 332-bed UH Parma Medical Center; 240,000+ residents within 5 miles. Verify all figures in diligence.

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Property Details of 8555-8735 Day Drive

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Map Location

Hi there! How can we help you?

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Hi there! How can we help you?

Jesse Allison Team