Single-Tenant Retail
For Sale
Contact for pricing
14235 Kinsman Road, Cleveland, OH 44120
For-sale Family Dollar retail storefront on Kinsman Road, suited for retail investors and operators.
Property Size9,300 SF
Price / SF$147.74
Days on Market96
Property Features for 14235 Kinsman Road
General Information
Standard status
Active
Size
9,300 SF
Class
A
Property subtype
Retail
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$127,050
Building Details
Year Built
2006
Year Renovated
2020
Stories
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Alvin Mansour · License #TX 0606255
(858) 373-3184
Source:
Crexi
Added: Jun 3
Changed: Sep 2
Last Checked: Sep 5 at 1:05PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This for-sale retail storefront is presented as a Family Dollar property and is positioned for single-tenant retail use. The offering includes a total building size of 9,300 square feet, designed to support a traditional neighborhood retail format.
The property is located at 14235 Kinsman Road in Cleveland, Ohio 44120. Additional details, including the complete marketing package, are available through the property website provided with this listing.
For retail investors or owner-operators evaluating a storefront asset, this configuration can be a practical fit where a single-tenant retail footprint is preferred. Interested parties should review the full marketing package on the website for comprehensive information on the property’s terms and any additional operating details prior to inquiry.
The property is located at 14235 Kinsman Road in Cleveland, Ohio 44120. Additional details, including the complete marketing package, are available through the property website provided with this listing.
For retail investors or owner-operators evaluating a storefront asset, this configuration can be a practical fit where a single-tenant retail footprint is preferred. Interested parties should review the full marketing package on the website for comprehensive information on the property’s terms and any additional operating details prior to inquiry.
Key Highlights
- For‑sale Family Dollar retail storefront on Kinsman Road
- Built in 2006
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
$89,350
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
6.50%
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%
$1,787,000
$1.8M
Cap Rate 7%
$1,276,429
$1.3M
Cap Rate 9%
$992,778
$992.8K
Market Conditions
NOI Build-Up for 9,300 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
$139.5K $15.00/SF
− Vacancy
−$11.9K −$1.28/SF
EGI
$127.6K $13.73/SF
− OpEx
−$38.3K −$4.12/SF
NOI
$89.3K $9.61/SF
Area
Cleveland, OH
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,787,000
Cap Rate 7%
$1,276,429
Cap Rate 9%
$992,778
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,350 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $158,865 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 44120, OH
34,611
Population
20,583
Households
1.7
Avg Household Size
40
Median Age
37%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,656
Density / Sq Mi
$46,326
Median Household Income
$36,549
Median Earnings
$890
Median Rent
$115,700
Median Home Value
Market
Vacancy Rate% for Retail in Cleveland, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For-sale Family Dollar retail storefront on Kinsman Road, suited for retail investors and operators.
Where is this retail space located?
The property is located at 14235 Kinsman Road Cleveland, OH.
What is the asking price?
The asking price for this property is $1,374,000.
What are key features of this property?
This property features: For‑sale Family Dollar retail storefront on Kinsman Road; Built in 2006
