Office Suite with Three Private
10850 Pearl Road Strongsville, OH 44136
For Sale
Contact for pricing
A 714 SF office suite with three private offices, reception, and restroom, supported by available signage and on-site parking.
Property Size714 SF
Price / SF$210.08
Days on Market57
Property Features for 10850 Pearl Road
General Information
- Standard status
- Active
- Size
- 714 SF
- Property subtype
- Retail, Office
Listing Agency:
Gerspacher Real Estate Group
(330) 241-9309
Listed By:
Dillon Swank · License #2025004479
Source:
Crexi
Added: May 29
Changed: Jul 10
Last Checked: Jul 23 at 1:42PM
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 a 714 SF office suite designed for small professional users. The layout includes three private offices, a reception area, and a restroom, creating dedicated space for client-facing work and internal operations.
The property at 10850 Pearl Road offers signage opportunities and approximately 5 on-site parking spaces. The area is supported by traffic counts of approximately 22,000 vehicles per day, with convenient access just minutes from I-71 and the Ohio Turnpike (I-80), supporting strong regional connectivity.
Utilities are handled directly by the tenant, with gas and electric paid separately. This suite is a practical fit for firms looking for a compact, office-focused environment with multiple rooms for teams and meetings, while benefiting from visibility and straightforward highway access for clients and staff.
The property at 10850 Pearl Road offers signage opportunities and approximately 5 on-site parking spaces. The area is supported by traffic counts of approximately 22,000 vehicles per day, with convenient access just minutes from I-71 and the Ohio Turnpike (I-80), supporting strong regional connectivity.
Utilities are handled directly by the tenant, with gas and electric paid separately. This suite is a practical fit for firms looking for a compact, office-focused environment with multiple rooms for teams and meetings, while benefiting from visibility and straightforward highway access for clients and staff.
Key Highlights
- 714 SF office suite for sale at $150,000 or lease at $950/month plus $164/month in CAM charges
- Includes 3 private offices, reception area, and restroom—suited for small professional users
- Tenant pays gas and electric utilities directly
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.5k | $18.96 |
| − Vacancy | −$3.3k | −$4.65 |
| EGI | $10.2k | $14.31 |
| − OpEx | −$2.6k | −$3.58 |
| NOI | $7.7k | $10.74 |
714 SF · lease $18.96/SF/yr · vacancy 24.50% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - A 714 SF office suite with three private offices, reception, and restroom, supported by available signage and on-site parking.
Where is this office units located?
The property is located at 10850 Pearl Road 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 office suite for sale at $150,000 or lease at $950/month plus $164/month in CAM charges; Includes 3 private offices, reception area, and restroom—suited for small professional users; Tenant pays gas and electric utilities directly
