12915 Buckeye Rd, Cleveland, OH 44120
Retail space for sale, part of a Dollar Store portfolio.
- Added:
- Sep 3, 2025
- Days on Market:
- 304
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 12915 Buckeye Rd
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing office Elevate Net Lease
Listing date Sep 3, 2025
Source Crexi
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 Elevate Net Lease
HighLights
- Strong investment opportunity due to competitive rent per square foot
- Dense demographics: over 20,000 people within 1 mile radius
- High daytime employee population: over 179,000 within 3 miles
- Multiple points of entry and access
- Below replacement cost
- Approximately 5 miles from Downtown Cleveland
Overview
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 | $124.8k | $15.00 |
| − Vacancy | −$10.6k | −$1.28 |
| EGI | $114.2k | $13.73 |
| − OpEx | −$34.3k | −$4.12 |
| NOI | $79.9k | $9.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5922323
- Latitude
- 41.4801773
