Centrally Located Value-Add Medical Office 17535 Rosbough Dr 39,228 SF 19% Leased Office Building Online Auction Sale Middleburg Heights, OH 44130



INVESTMENT HIGHLIGHTS
- Centrally located, the Corporate Center of Middleburg Heights is a value-add two-story, 39,228-SF office on a 2.14-acre lot 15 miles from Cleveland.
- Currently 19% occupied, it offers significant upside for investors and users through strategic lease-up with in-place income.
- Near Southwest General Health Center, hotels, and national retailers such as Chipotle, Five Guys, and Aldi, the property is in an amenity-rich area.
- Situated in the heart of Middleburg Heights’ commercial corridor, the asset is near major highways, public transit options, and a dense population.
- Conveniently located near I-71, I-80, and I-480, the asset offers an easy commute throughout the region and Cleveland Hopkins International Airport.
- Middleburg Heights features low vacancy rates, rising rental rates, and a growing workforce, making it an ideal location for business growth.
EXECUTIVE SUMMARY
17535 Rosbough Drive, the Corporate Center of Middleburg Heights, is a two-story, 39,228-square-foot office building on a 2.14-acre lot. Currently 19% occupied, this property provides an incredible value-add opportunity for investors or users through strategic lease-up. The second floor is partially leased to established medical office tenants, including Hudec Dental Orthodontics, Union Dental, and Revolution Wellness. Hudec Dental, a trusted name in family dentistry for over 40 years, joins Union Dental and Revolution Wellness, a multidisciplinary behavioral health practice, to offer a strong tenant base with income in place. The property boasts attractive features, including pylon signage, ample parking, a two-story atrium with natural light, conference rooms, and an elevator. Its location within Middleburg Heights’ established commercial corridor makes it an ideal site for future tenants.
Corporate Center of Middleburg Heights benefits from a prime location with excellent infrastructure and access to major highways, including Interstate 71, Interstate 80 (Ohio Turnpike), and Interstate 480, making it a convenient hub for businesses and commuters. Within a 5-mile radius, the area has a dense population of approximately 180,000 and a growing job market with an 8.33% growth rate since 2014. Nearby amenities include Southwest General Health Center, Cleveland Clinic Middleburg Heights Family Health Center, and national retailers such as Aldi, Chipotle, and Five Guys. Easy access to Bagley Road’s RTA transit line, hotels like Hampton Inn and Sonesta Suites, and an 8-minute drive to Cleveland Hopkins International Airport further enhance the appeal for tenants and their patrons.
Middleburg Heights, Ohio, is a thriving suburban community 15 miles southeast of downtown Cleveland. Known for its historic charm and suburban amenities, it features vibrant retail centers, diverse dining options, and access to Cleveland Metroparks via the Valley Parkway Trail. The Southwest submarket boasts low vacancy rates and rising rental rates, highlighting strong market fundamentals. With its central location, excellent transportation access, and business-friendly policies, Middleburg Heights is truly The Middle of Everything. 17535 Rosbough Drive is a rare opportunity to acquire a well-positioned office asset in a dynamic market primed for growth.
Corporate Center of Middleburg Heights benefits from a prime location with excellent infrastructure and access to major highways, including Interstate 71, Interstate 80 (Ohio Turnpike), and Interstate 480, making it a convenient hub for businesses and commuters. Within a 5-mile radius, the area has a dense population of approximately 180,000 and a growing job market with an 8.33% growth rate since 2014. Nearby amenities include Southwest General Health Center, Cleveland Clinic Middleburg Heights Family Health Center, and national retailers such as Aldi, Chipotle, and Five Guys. Easy access to Bagley Road’s RTA transit line, hotels like Hampton Inn and Sonesta Suites, and an 8-minute drive to Cleveland Hopkins International Airport further enhance the appeal for tenants and their patrons.
Middleburg Heights, Ohio, is a thriving suburban community 15 miles southeast of downtown Cleveland. Known for its historic charm and suburban amenities, it features vibrant retail centers, diverse dining options, and access to Cleveland Metroparks via the Valley Parkway Trail. The Southwest submarket boasts low vacancy rates and rising rental rates, highlighting strong market fundamentals. With its central location, excellent transportation access, and business-friendly policies, Middleburg Heights is truly The Middle of Everything. 17535 Rosbough Drive is a rare opportunity to acquire a well-positioned office asset in a dynamic market primed for growth.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
39,228 SF
Building Class
C
Year Built/Renovated
1976/2010
Percent Leased
19%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,614 SF
Building FAR
0.42
Lot Size
2.14 AC
Zoning
Commercial
Parking
163 Spaces (4.69 Spaces per 1,000 SF Leased)
AMENITIES
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Office Space available for lease
Office space available for lease
Space | Size | Space Use | Condition | Available |
1st Floor | 4,000-18,000 SF | Office | Full Build-Out | Now |
2nd Floor | 1,000-10,000 SF | Office | Full Build-Out | Now |
1st Floor
Size |
4,000-18,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
2nd Floor
Size |
1,000-10,000 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1 of 1
ZONING
Zoning Code | Commercial |
PROPERTY TAXES
Parcel Number | 371-22-004 | Improvements Assessment | $306,145 |
Land Assessment | $228,130 | Total Assessment | $534,275 |
ABOUT THE AUCTION PLATFORM
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Auctioneer License: Ten-X Commercial, LLC Samantha Corbat RE Brkr REC.2019003563; Ohio Department of Agriculture- Auctioneer Program: Ten-X Commercial, Inc. (Ten-X, Inc.) Auctioneer Corporation 2022000147 Samantha Corbat Auctioneer 2023000126
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