Guitar Center NNN
For Sale
Contact for pricing
26635 Brookpark Road Extension, North Olmsted, OH 44070
Freestanding retail asset leased on an NNN basis through February 2033.
Property SizeContact for details
Days on Market143
Property Features for 26635 Brookpark Road Extension
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:22PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
The property is a freestanding Guitar Center retail building at 26635 Brookpark Road Extension in North Olmsted, Ohio. Guitar Center Stores, Inc. is the leaseholder under an NNN structure with limited landlord responsibilities. The lease runs through February 2033 following a 10-year extension and includes two additional 5-year renewal options. Contractual rental increases of 10% occur every 5 years during the initial term and option periods.
Access is provided from Brookpark Road Extension, with connections to Lorain Road and Brookpark Road. Traffic exposure includes 30,000 VPD on Lorain Road, 17,500 VPD on Brookpark Road, and 107,200 VPD on Interstate 480. The property sits within a dense retail corridor beside Water Tower Square, North Olmsted Towne Center, Great Northern Plazas, and Great Northern Mall. The surrounding trade area includes national retailers and more than 168,200 residents within 5 miles, along with 98,200 daytime employees.
Access is provided from Brookpark Road Extension, with connections to Lorain Road and Brookpark Road. Traffic exposure includes 30,000 VPD on Lorain Road, 17,500 VPD on Brookpark Road, and 107,200 VPD on Interstate 480. The property sits within a dense retail corridor beside Water Tower Square, North Olmsted Towne Center, Great Northern Plazas, and Great Northern Mall. The surrounding trade area includes national retailers and more than 168,200 residents within 5 miles, along with 98,200 daytime employees.
Key Highlights
- Guitar Center Stores, Inc. lease extends through February 2033
- NNN lease includes 2 additional 5‑year option periods
- 10% rental increases every 5 years during the initial term and options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 44070, OH
32,442
Population
13,953
Households
2.3
Avg Household Size
44
Median Age
33%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,773
Density / Sq Mi
$85,435
Median Household Income
$49,900
Median Earnings
$1,092
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail asset leased on an NNN basis through February 2033.
Where is this nnn property located?
The property is located at 26635 Brookpark Road Extension North Olmsted, OH.
What are key features of this property?
This property features: Guitar Center Stores, Inc. lease extends through February 2033; NNN lease includes 2 additional 5‑year option periods; 10% rental increases every 5 years during the initial term and options
