NNN Leased Big 5
2152 Dell Range Blvd | Cheyenne, WY
Sq. Feet 42,782
This investment offering features an approximately 6,258-square foot freestanding building occupied by U.S. Bank. The tenant is one and a half years in its newly signed 10 year lease with a rental increase of 14% in year six (2016). The subject property fronts Broadway Avenue, a highly traveled road which eventually connects to Interstate 271 roughly two miles from the site. The site is one-quarter mile from University Hospitals Bedford Medical Center. This a 110-bed facility, which was recently upgraded in 2008. U.S. Bank is also located nearby Walgreens, Burger King, the U.S. Post Office, Curves and many other local retailers. The subject property is centrally located in the desirable city of Bedford, Ohio, only 15 miles away from the heart of Downtown Cleveland.
Bedford is a city in Cuyahoga County, Ohio, United States. Bedford is considered to be an eastern suburb of Cleveland, and its population was 13,074 at the 2010 census. Cuyahoga County is the most populous county in Ohio; according to the 2010 census, it had a population of 1,280,122. Bedford is approximately 14 miles from downtown.
Cap Rate: 6.67% NOI: $98,417 Livable Sq. Ft: 3,500
Built in 1995 units Lot Sq. Ft: 6,258