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Corner Strip Mall With End-Cap Vacancy
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14610 Pearl Rd, Strongsville, OH 44136

Fee-simple retail center with established occupants and a remaining end-cap space.

Property SizeContact for details
Days on Market143

Property Features for 14610 Pearl Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 80%

Financials

Asking Price $1,416,461
Cap Rate 7.5%

Site & Location

Corner Location Yes
Traffic Count 27,761 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Kyle Hartung · License #OH SAL.2003016343
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:03AM

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 Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

This fee-simple strip center is positioned on a corner and is 80% leased, with an 1,800 SF end-cap vacancy. Existing occupants include Penn Station, Lady Jane’s, and Sweet Mango, whose combined tenancy at the property exceeds 43 years. The offering reflects a 7.5% cap rate, while the stated pro forma cap rate exceeds 10.11% at full occupancy.

The property fronts US 42, also known locally as Pearl Road, a primary retail corridor reporting 27,761 VPD. The surrounding commercial area includes Southwest General Hospital, Giant Eagle Market District, Marc’s, South Park Mall, Target, Costco, Walgreens, Starbucks, McDonald’s, Wendy’s, Chipotle, Raising Cane’s, and other national and regional retailers, restaurants, banks, and service businesses.

Key Highlights

  • 80% leased strip center with an 1,800 SF end‑cap vacancy
  • Penn Station, Lady Jane’s, and Sweet Mango are existing occupants
  • Combined tenant occupancy at the property exceeds 43 years

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,761 VPD
Traffic count
80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby

Demographics for 44136, OH

25,890
Population
11,019
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
94%
High-School Grad
13.5 sq mi
ZIP Area
1,918
Density / Sq Mi
$93,713
Median Household Income
$55,616
Median Earnings
$1,264
Median Rent
$271,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Fee-simple retail center with established occupants and a remaining end-cap space.
Where is this strip mall located?
The property is located at 14610 Pearl Rd Strongsville, OH.
What are key features of this property?
This property features: 80% leased strip center with an 1,800 SF end‑cap vacancy; Penn Station, Lady Jane’s, and Sweet Mango are existing occupants; Combined tenant occupancy at the property exceeds 43 years
(216) 381-8200 Call to check price and availability
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