216-577-1517
7500 Brookpark Rd, Cleveland, OH for Sale
Retail - FOR SALE
1/12
null | Request Cap Rate

7500 Brookpark Rd
Cleveland, OH 44129


HIGHLIGHTS

  • Value City Furniture has occupied the space since 1986
  • Potential Outparcel Opportunity
  • Future redevelopment opportunity - ability to cash flow for the short term to prepare for a retail/industrial redevelopment in the future
  • The location benefits from its proximity to a strong retail trade area, industrial distribution and ease of access to the highway

OVERVIEW

The property is located in the heart of the Brookpark Road retail trade area, with neighboring Tenants including Menards, Best Buy, Arhaus Loft, Auto Zone Hub, Dollar Tree & located across the highway from Ridge Park Square, which features Lowes, TJ Maxx, Ross Dress for Less, Grocery Outlet, Michaels, Marcs, Starbucks and more. Value City Furniture, a tenant since 1986, is on a triple net lease and is in its final option term, expiring May 31, 2034 at a below market $4.36 NNN rent. Nightmare Cleveland is a permanent haunted house Tenant that signed a 5 year lease in 2022 and pays a stabilized gross rent of $5.90 starting in October 2024.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brookridge Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

612

LAND DETAILS

LAND ACRES

6.76 AC

LAND SF

294,466 SF

ZONING

-

APN/PARCEL ID

433-20-005

ASK ABOUT THIS PROPERTY

Kevin MossCBRE, Inc.More Info
216-577-1517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kevin MossCBRE, Inc.More Info
216-577-1517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.