Multi-Tenant Retail Building with
1135 W Western Reserve Rd Poland, OH 44514
1135 W Western Reserve Rd, Poland, OH, 44514
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For Sale
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Multi-tenant retail building with a drive-thru and dock doors, positioned along high-traffic corridors in Boardman Township.
Property Size42,200 SF
Price / SF$80.57
Days on Market56
Property Features for 1135 W Western Reserve Rd
General Information
- Standard status
- Active
- Size
- 42,200 SF
- Property subtype
- Retail
Listing agency
Platz Realty Group
Listed by
Bill Kutlick · License #OH
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 11:45AM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
This multi-tenant retail building is located in Boardman Township and is available for sale. The property includes a former Sparkle space with a drive-thru configuration, along with two dock doors. The space is supported by a 1,200-amp electrical service, providing a substantial power setup for retail operations and related back-of-house needs.
The building sits on Western Reserve Rd with noted high traffic counts along Western Reserve Rd and Market St. Its placement on these major corridors supports consistent visibility for storefront and customer-facing uses.
For tenants or buyers seeking a retail-focused asset with more than standard storefront-only functionality, the drive-thru and dock-door capability can support a broader range of retail service formats, including businesses that require direct vehicle access and efficient deliveries. The multi-tenant nature also offers flexibility for occupation and configuration within the building.
The building sits on Western Reserve Rd with noted high traffic counts along Western Reserve Rd and Market St. Its placement on these major corridors supports consistent visibility for storefront and customer-facing uses.
For tenants or buyers seeking a retail-focused asset with more than standard storefront-only functionality, the drive-thru and dock-door capability can support a broader range of retail service formats, including businesses that require direct vehicle access and efficient deliveries. The multi-tenant nature also offers flexibility for occupation and configuration within the building.
Key Highlights
- Multi‑tenant retail building in Boardman Township on Western Reserve Rd
- High‑traffic counts along Western Reserve Rd & Market St
- Former Sparkle space includes a drive‑thru
Local Financial Insights For Retail
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 | $253.2k | $6.00 |
| − Vacancy | −$63.3k | −$1.50 |
| EGI | $189.9k | $4.50 |
| − OpEx | −$57.0k | −$1.35 |
| NOI | $132.9k | $3.15 |
42,200 SF · lease $6.00/SF/yr · vacancy 25.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.22M
NOI $132,930 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.96M
$6.97M – $9.29M
NOI $557,445 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Multi-tenant retail building with a drive-thru and dock doors, positioned along high-traffic corridors in Boardman Township.
Where is this retail space located?
The property is located at 1135 W Western Reserve Rd Poland, OH.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Multi‑tenant retail building in Boardman Township on Western Reserve Rd; High‑traffic counts along Western Reserve Rd & Market St; Former Sparkle space includes a drive‑thru
