Property Description

Commercial investment opportunity on Cleveland Avenue with an existing tenant and scheduled rent increases through May 2029. This approximately 1,180-square-foot property sits on approximately 0.26 acres and previously operated as a restaurant. A new tenant has leased the space and plans to open a restaurant soon. Located along the Cleveland Avenue corridor served by COTA's CMAX rapid transit, the property is positioned in an area receiving public investment in sidewalks, lighting, and pedestrian infrastructure. Current monthly rent is $2,000, increasing to $2,500 on June 1, 2027, and $3,000 on June 1, 2028, with the lease continuing through May 31, 2029. Tenant is responsible for maintenance, and landlord is responsible for property taxes.

Property Features