14500 Broadway AveCleveland, OH 44125

This 12,853-square-foot warehouse located at 14500 Broadway Ave, Cleveland, OH 44125, presents a compelling investment opportunity. Built in 1960, the property boasts a brand new roof installed in 2024, complete with a 20-year warranty, significantly reducing future maintenance costs. Currently leased to Adapt Health, a multi-billion dollar publicly traded company with a B+ credit rating, under a triple-net (NNN) lease agreement. This lease commenced September 1st, 2024, and extends for three years, demonstrating a strong commitment to the location. Adapt Health, servicing approximately 4.2 million patients annually across all 50 states through its extensive network, has occupied the premises since the acquisition of Community Surgical Supply on December 31st, 2021. The property offers a strong 8.34% capitalization rate and is priced at $1,150,000. This is a single-tenant industrial property ideal for investors seeking a stable, long-term income stream with a reputable tenant. The property's location in Cuyahoga County provides convenient access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained, income-producing asset with a secure tenant and a significant return on investment.