Office Suite with
For Sale
Contact for pricing
10750-10950 Pearl Rd, Strongsville, OH 44136
Suite D7 features three offices, reception, and restroom, with signage available and about five parking spaces.
Property Size714 SF
Price / SF$210.08
Days on Market61
Property Features for 10750-10950 Pearl Rd
General Information
Standard status
Active
Size
714 SF
Total Parking Spaces
5
Property subtype
OFFICE
Site & Location
Traffic Count
22,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
No
Amenities
signage available
Listing Agency:
Gerspacher Real Estate Group
(330) 722-5002
Listed By:
Morgan Faunce · License #OH2006007013
(330) 241-9309
Source:
Moodyscre
Added: Jul 14
Changed: Aug 14
Last Checked: Sep 12 at 9:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gerspacher Real Estate Group
Investment Insights
Based on property information with market context.
Suite D7 is an office configuration that includes three offices, a reception area, and a restroom. The suite supports tenant-managed utilities, as gas and electric are paid by the tenant. Signage is available for the space.
The property offers parking of approximately five spaces and reports a traffic count of about 22,000. Highway access is described as minutes from I-80.
This is a for-sale office suite offering 714 square feet, suited for professional users seeking a compact, multi-room layout within a commercial office setting.
The property offers parking of approximately five spaces and reports a traffic count of about 22,000. Highway access is described as minutes from I-80.
This is a for-sale office suite offering 714 square feet, suited for professional users seeking a compact, multi-room layout within a commercial office setting.
Key Highlights
- 714 SF available (Suite D7) with lease pricing of $15.96/SF and CAM of $2.76/SF
- Suite D7 layout includes 3 offices, a reception area, and a restroom
- Tenant pays gas and electric; signage available for the suite
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,666
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$153,320
$153.3K
Cap Rate 7%
$109,514
$109.5K
Cap Rate 9%
$85,178
$85.2K
Market Conditions
NOI Build-Up for 714 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.5K $18.96/SF
− Vacancy
−$3.3K −$4.65/SF
EGI
$10.2K $14.31/SF
− OpEx
−$2.6K −$3.58/SF
NOI
$7.7K $10.74/SF
Area
Cuyahoga County, OH
Vacancy
24.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$153,320
Cap Rate 7%
$109,514
Cap Rate 9%
$85,178
Alternative Uses
Best Use
Office B
$109.5K
$95.8K – $127.8K
NOI $7,666 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$572.1K
$500.6K – $667.4K
NOI $40,046 @ 7.0% cap · market cap 26.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 44136, OH
25,890
Population
11,019
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
1,918
Density / Sq Mi
$93,713
Median Household Income
$55,616
Median Earnings
$1,264
Median Rent
$271,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite D7 features three offices, reception, and restroom, with signage available and about five parking spaces.
Where is this office units located?
The property is located at 10750-10950 Pearl Rd Strongsville, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 714 SF available (Suite D7) with lease pricing of $15.96/SF and CAM of $2.76/SF; Suite D7 layout includes 3 offices, a reception area, and a restroom; Tenant pays gas and electric; signage available for the suite
