Century Federal Plaza Shopping
For Sale
Contact for pricing
14224 Pearl Rd, Strongsville, OH 44149
Fully occupied retail center with established service, restaurant, education, salon, and financial tenants under NNN leases.
Property Size10,428 SF
Days on Market143
Property Features for 14224 Pearl Rd
General Information
Standard status
Active
Size
10,428 SF
Property subtype
Retail
Occupancy
100%
Financials
Asking Price
$3,365,000
Cap Rate
6.5%
Site & Location
Drive-Thru
Yes
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
security system/cameras
Building Details
Tenancy
Multi
Listing Agency:
Cooper Commercial Investment Group
(216) 562-1981
Listed By:
Dan Cooper · License #OH 009003618
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 3:08PM
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 Cooper Commercial Investment Group
Investment Insights
Based on property information with market context.
Century Federal Plaza is a 10,428-square-foot retail shopping center with 100% occupancy and a tenant mix spanning financial services, education, personal care, and food service. The property includes a credit union with drive-thru service, a learning center, a salon, and three restaurants. Every tenant operates under an NNN lease structure, while most also reimburse management and administrative fees. More than 70% of the tenants have recently renewed, and the center’s last vacancy occurred in 2016.
The center occupies a position along Pearl Road in Strongsville, Ohio, with prominent monument signage and access from a heavily traveled commercial corridor. Traffic counts exceed 25,000 VPD on Pearl Road, while the Route 82 and Pearl Road intersection records 54,000 VPD. I-71 is approximately 0.5 miles away with traffic exceeding 138,000 VPD, and I-80 is 3 miles from the property. SouthPark Mall and multiple surrounding retailers, restaurants, grocers, and service businesses add to the established commercial setting.
The center occupies a position along Pearl Road in Strongsville, Ohio, with prominent monument signage and access from a heavily traveled commercial corridor. Traffic counts exceed 25,000 VPD on Pearl Road, while the Route 82 and Pearl Road intersection records 54,000 VPD. I-71 is approximately 0.5 miles away with traffic exceeding 138,000 VPD, and I-80 is 3 miles from the property. SouthPark Mall and multiple surrounding retailers, restaurants, grocers, and service businesses add to the established commercial setting.
Key Highlights
- 10,428‑square‑foot retail shopping center with 100% occupancy
- All tenants operate under NNN lease structures
- More than 70% of tenants have recently renewed leases
Property Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 44149, OH
20,678
Population
8,632
Households
2.4
Avg Household Size
47
Median Age
50%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
1,830
Density / Sq Mi
$114,107
Median Household Income
$66,408
Median Earnings
$969
Median Rent
$289,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Strongsville Towne Center — 15153 Pearl Rd, Strongsville, OH 44136
- Strongsville Plaza — Pearl Rd, Strongsville, OH 44136
- Express — Strongsville, OH 44149
- Westwood Commons — 13485 Pearl Rd B, Strongsville, OH 44136
- Staples Plaza Shopping Center — 12381 Pearl Rd, Strongsville, OH 44136
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with established service, restaurant, education, salon, and financial tenants under NNN leases.
Where is this shopping center located?
The property is located at 14224 Pearl Rd Strongsville, OH.
What are key features of this property?
This property features: 10,428‑square‑foot retail shopping center with 100% occupancy; All tenants operate under NNN lease structures; More than 70% of tenants have recently renewed leases
