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Home Depot Retail Property

8199 Pearl Road, Strongsville, OH 44136

For Sale
Contact for pricing

An absolute NNN lease with no landlord responsibilities supports a hands-off ownership structure.

Property SizeContact for details
Days on Market29

Property Features for 8199 Pearl Road

General Information

Standard status Active
Property subtype Retail

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Road Access Yes

Building Details

Tenancy Single
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Eric Carlton · License #CA 01809955
Source: Crexi
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 8 at 3:33PM

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 Colliers - Los Angeles - Orange County, California

Rey
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Investment Insights

Based on property information with market context.

The single-tenant retail property at 8199 Pearl Road in Strongsville is occupied by Home Depot under an absolute NNN lease. The tenant has operated at this location for more than 27 years. Five years remain in the current term, followed by a five-year option, and the lease includes 7.5% rent increases. The lease structure carries no landlord responsibilities.

Pearl Road and Sprague Road provide access, with combined traffic reported at more than 46,900 VPD. The property is adjacent to Interstate 71, which carries 95,200 VPD, and one mile from Interstate 80, with 42,500 VPD. Walmart Supercenter and Lowe’s Home Improvement are neighboring retailers; McDonald’s, Starbucks, Dunkin’, Sheetz, and Culver’s are also nearby.

Key Highlights

  • Home Depot has occupied the Strongsville location for more than 27 years
  • Absolute NNN lease with no landlord responsibilities
  • Five years remaining on the lease, plus a five‑year option

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Single-tenant
Tenancy
Yes
Paved road access

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

Properties on Market for Retail space in Cuyahoga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - An absolute NNN lease with no landlord responsibilities supports a hands-off ownership structure.
Where is this retail space located?
The property is located at 8199 Pearl Road Strongsville, OH.
What is the asking price?
The asking price for this property is $21,120,000.
What are key features of this property?
This property features: Home Depot has occupied the Strongsville location for more than 27 years; Absolute NNN lease with no landlord responsibilities; Five years remaining on the lease, plus a five‑year option
(949) 903-3399 Call to check price and availability
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