Auto Oil Change Retail
18488 PEARL RD Strongsville, OH
18488 PEARL RD, Strongsville, OH, 00000
Contact for pricing
For Sale
Contact for pricing
For sale auto oil change retail space offered with a 10-year oil change setup.
Property Size1,750 SF
Price / SF$734.86
Days on Market80
Property Features for 18488 PEARL RD
General Information
- Standard status
- Active
- Size
- 1,750 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing agency
Avison Young - Atlanta
(678) 704-5364
Listed by
Michael Watson · License #395778
Source
Crexi
Added: May 4 Updated: Jul 22 at 2:02AM Checked: Jul 22 at 2:02AM
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 Avison Young - Atlanta
Investment Insights
Based on property information with market context.
This is an auto oil change retail space configured for an oil change operation, described as a 10-year oil change setup. The offering is presented as a strong operator opportunity in the Cleveland MSA, with the asset sized at 1,750 square feet.
The property is located at 18488 Pearl Rd in Strongsville, Ohio.
Additional details about the building structure, unit configuration, or site improvements were not provided in the supplied information.
The property is located at 18488 Pearl Rd in Strongsville, Ohio.
Additional details about the building structure, unit configuration, or site improvements were not provided in the supplied information.
Key Highlights
- Auto oil change retail space for sale
- 10‑year oil change setup included
- Built in 2021
Local Financial Insights For Industrial
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 | $119.9k | $68.52 |
| − Vacancy | −$4.4k | −$2.54 |
| EGI | $115.5k | $65.98 |
| − OpEx | −$34.6k | −$19.80 |
| NOI | $80.8k | $46.19 |
1,750 SF · lease $68.52/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.15M
$1.01M – $1.35M
NOI $80,831 @ 7.0% cap · market cap 6.29%
Second Best
Retail
$238.9K
$209.0K – $278.7K
NOI $16,721 @ 7.0% cap · market cap 1.30%
Theoretical Best
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,152 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Auto shop - For sale auto oil change retail space offered with a 10-year oil change setup.
Where is this auto shop located?
The property is located at 18488 PEARL RD Strongsville, OH.
What is the asking price?
The asking price for this property is $1,286,000.
What are key features of this property?
This property features: Auto oil change retail space for sale; 10‑year oil change setup included; Built in 2021
