Dollar Store Portfolio
25880 Broadway Ave, Bedford, OH 44146
Part of an 8-unit portfolio in a vibrant area.
Type:Retail
Property size:
8,320 SFPrice / SF:
$153/SF- Added:
- Sep 3, 2025
- Days on Market:
- 297
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 25880 Broadway Ave
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Listing office Elevate Net Lease
Listing date Sep 3, 2025
Source Crexi
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 Elevate Net Lease
HighLights
- Located on a signalized hard corner at Broadway Ave & Alexander Rd with multiple points of entry/access.
- Part of an 8‑unit Dollar Store portfolio.
- High traffic volume: Over 23,000 vehicles pass the site daily.
- Dense demographics: 40,000 people reside within a 3‑mile radius.
- Convenient access to major highways (I‑480 and State Route 14), Downtown Cleveland, and Cleveland Hopkins International Airport.
- Located in Oakwood Village, OH, part of the Cleveland‑Elyria, OH Metropolitan Statistical Area (MSA).
Overview
This property is part of an 8-unit Dollar Store portfolio. It is located on a signalized hard corner at Broadway Ave & Alexander Rd, offering multiple points of entry and access. Over 23,000 vehicles pass the site daily. The location benefits from dense demographics, with 40,000 people residing within a 3-mile radius. Situated in a vibrant area with a mix of businesses, services, and residential communities, the property provides a dynamic environment for potential development or investment. Oakwood Village, OH, is part of the Cleveland-Elyria, OH Metropolitan Statistical Area (MSA). This MSA includes the City of Cleveland and surrounding areas in Northeastern Ohio. The city offers a mix of residential properties, from single-family homes to townhouses, as well as opportunities for business development, making it an attractive place for investment and growth. The property is conveniently located near major highways, including Interstate 480 and State Route 14, offering quick access to Downtown Cleveland, Cleveland Hopkins International Airport, and surrounding communities. The property size is 8320 square feet.
Local Financial Insights For Retail
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 | $124.8k | $15.00 |
| − Vacancy | −$11.2k | −$1.35 |
| EGI | $113.6k | $13.65 |
| − OpEx | −$34.1k | −$4.10 |
| NOI | $79.5k | $9.56 |
8,320 SF · lease $15.00/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.14M
$993.7K – $1.32M
NOI $79,498 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$6.67M
$5.83M – $7.78M
NOI $466,644 @ 7.0% cap · market cap 36.46%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Sam's Club Floral — 23300 Broadway Ave, Oakwood, OH 44146
Location Insight
- Map
- Local Demand
- City
- Bedford
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.5301
- Latitude
- 41.3816
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Part of an 8-unit portfolio in a vibrant area.
Where is this storefront property located?
The property is located at 25880 Broadway Ave Bedford, OH.
What is the asking price?
The asking price for this property is $1,279,955.
What are key features of this property?
This property features: Located on a signalized hard corner at Broadway Ave & Alexander Rd with multiple points of entry/access.; Part of an 8‑unit Dollar Store portfolio.; High traffic volume: Over 23,000 vehicles pass the site daily.
