- For Sale $5,382,353
- Property Type Retail
- Property Size 24,609 SF
- Lot Size 1.98 Acre
- Date Updated May 14, 2026
Description
The Boulder Group and Bang Realty are pleased to exclusively market for sale a single tenant net leased Tesla sales and service center
located within the Cleveland MSA in Lyndhurst, Ohio. Tesla has successfully operated at this location since 2015. In 2020, the lease was
extended through January 2030, demonstrating commitment to the site. The lease contains three five-year renewal options, each with rental
escalations. This property serves as one of only five Tesla sales and service centers in the state of Ohio (the only in the Cleveland MSA) and
operates seven days per week. Tesla is investment grade and features a “BBB” rating by Standard & Poor’s.
The 24,609 square-foot building benefits from its position along Mayfield Road (21,800 VPD) and proximity to Interstate 271, which sees
over 129,000 vehicles per day. The property is surrounded by nationally recognized retailers including CVS, Chase Bank, ALDI, Goodwill, PNC
Bank, Cleveland Clinic, and 7Brew, among others. It is also just minutes from key local traffic drivers such as Charles F. Brush High School
and Mayfield Sand Ridge Golf Club. More than 209,000 residents live within a five-mile radius, with an average household income exceeding
$119,000.
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Contacts
The Boulder Group
The Boulder Group