Office for Sale in Brecksville, OH

  • Price: $3.3M
  • Listing type: For sale
  • Asset type: Office
  • Location: Brecksville, OH 44141
  • Size: 10,603 SF
  • Year built: 2004

Description

The Westfield Bank Building 2 is a fully leased commercial property located in the heart of Brecksville’s vibrant downtown district. Spanning 10,603 square feet, the building features a stable, service-oriented tenant mix, including Westfield Bank, Brecksville Dermatology, Platelet Disorder Support Association, and Home Instead—all providing essential services that support long-term tenancy and reliable cash flow. Originally renovated in 2004, the property remains in turnkey condition, requiring minimal capital investment. Clean NNN leases reduce landlord responsibilities and mitigate exposure to operating cost fluctuations. Anchored by credit-backed Westfield Bank, which occupies over 50% of the space and recently exercised a lease extension with 2% annual escalations and a five-year renewal option, the asset offers predictable income growth. The building benefits from strong local demographics, with an average household income exceeding $170,000 within a three-mile radius and more than 73,000 residents in the surrounding five-mile area. Strategically positioned on Brecksville Road (SR-21), just minutes from I-77 and with a traffic count of 10,988 vehicles per day, the property enjoys excellent visibility and access to nearby retail, dining, and city amenities. Offered at $3,320,000 with a projected Year 1 NOI of $243,460 and a 7.25% cap rate, this 100% occupied asset represents a prime investment opportunity in an affluent suburban market.

Market Context

This office in Brecksville, OH is listed for sale at $3,320,000 across 10,603 SF ($313/SF). The building dates to 2004. It has been on the market for 143 days. Compare it against other office listings for sale in Brecksville, OH — <a href="/search/sale/office/ohio/brecksville">view the full market</a>.

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