Well-Maintained Office Building For Sale

18400 Pearl Rd, Strongsville, OH

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For Sale

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Office building with high visibility, ample parking, and highway access.

Type:OFFICE

Property size:

9,460 SF

Lot size:

0.93 Acres

Price / SF:

$132/SF

HighLights

Strong potential for rental income and ROI
High visibility with 9,340 daily traffic count
Ample parking for employees and visitors
Convenient access to major highways and thoroughfares
Modern, well‑maintained interior for professional appeal
Potential for customization or expansion to suit investor's needs

We can help!

Listing Contact

Jerry Fiume, SIOR, CCIM

Learn more

For Sale

Contact for pricing

Office building with high visibility, ample parking, and highway access.

Type:OFFICE

Property size:

9,460 SF

Lot size:

0.93 Acres

Price / SF:

$132/SF

Added:: Mar 28, 2024
Days on Market:: 808
Last Refresh:: May 20 at 9:02 pm

Property Features for 18400 Pearl Rd

General Information

Standard status: Active
Size: 9,460 SF
Lot size: 0.93 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Jerry Fiume, SIOR, CCIM

Listing agent Jerry Fiume, SIOR, CCIM

Listing office SVN Summit Commercial Real Estate Advisors

Listing date Mar 28, 2024

Source Moodyscre

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 SVN Summit Commercial Real Estate Advisors

HighLights

Strong potential for rental income and ROI
High visibility with 9,340 daily traffic count
Ample parking for employees and visitors
Convenient access to major highways and thoroughfares
Modern, well‑maintained interior for professional appeal
Potential for customization or expansion to suit investor's needs

Overview

This office building features a modern, well-maintained interior suitable for professional use. The property benefits from high visibility, with a daily traffic count of 9,340. Ample parking is available for both employees and visitors. The location provides convenient access to major highways and thoroughfares. There is potential for customization or expansion to meet investor needs. The property offers strong potential for rental income and return on investment. Proximity to amenities and services enhances its appeal for employees. The building's size is 9,460 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$179.4k	$18.96
− Vacancy	−$43.9k	−$4.65
EGI	$135.4k	$14.31
− OpEx	−$33.9k	−$3.58
NOI	$101.6k	$10.74

9,460 SF · lease $18.96/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,564 @ 7.0% cap · market cap 8.13%

Second Best

—

no second resolved use

Theoretical Best

Warehouse

$7.58M

$6.63M – $8.84M (±1% cap)

NOI $530,583 @ 7.0% cap · market cap 42.45%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Strongsville
County: Cuyahoga
State: Ohio
Longitude: -81.8552
Latitude: 41.303

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What type of property is this?

Office building - Office building with high visibility, ample parking, and highway access.

Where is this office building located?

The property is located at 18400 Pearl Rd Strongsville, OH.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Strong potential for rental income and ROI; High visibility with **9,340 daily traffic count**; Ample parking for employees and visitors

18400 Pearl Rd, Strongsville, OH

Office building with high visibility, ample parking, and highway access.

Property Features for 18400 Pearl Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Building in Strongsville, OH

Prime Retail Location For Sale

Strongsville Manufacturing Facility on Drake

Ohio Childcare Center For Sale

Freddy's NNN Lease Investment

Office Suite with Three Private Offices

Climate Controlled Warehouse with Expansion

7-Eleven NNN Investment Opportunity

Retail Property in Strongsville, OH

NNN Restaurant Property For Sale

Medical Office Condominium in Strongsville

Take 5 Oil Change

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