Brecksville Investment Property For
8747 Brecksville Rd, Brecksville, OH
Fully leased retail and office property in prime location.
Type:OFFICE
Property size:
10,603 SFLot size:
1.36 AcresPrice / SF:
$313/SF- Added:
- May 23, 2025
- Days on Market:
- 359
- Last Refresh:
- Apr 5 at 9:44 pm
Property Features for 8747 Brecksville Rd
General Information
- Standard status
- Active
- Size
- 10,603 SF
- Lot size
- 1.36 Acres
- Property subtype
- OFFICE
Listing agent Jim Krivanek
Listing office Cresco Real Estate | Cleveland (216) 520-1200
Listing date May 23, 2025
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 Cresco Real Estate | Cleveland
HighLights
- 100% Leased with Projected Year 1 NOI of $243,460
- Anchored by Westfield Bank (credit‑backed regional bank) occupying over 50% of the property with lease extension and annual escalations.
- Located in a prime Main Street location in the affluent suburb of Brecksville, offering high visibility and foot traffic.
- Stable, service‑based tenant mix (medical and professional) fostering long‑term tenancy and reliable cash flow.
- Strong demographics: Average household income exceeds $170,000 within a 3‑mile radius.
- Turnkey condition: Fully renovated in 2004, well‑maintained, and minimal capital needs with clean NNN leases.
Overview
This fully leased property is located in the heart of Brecksville’s downtown district, benefiting from excellent visibility and foot traffic on Brecksville Road (SR-21), just minutes from I-77. The property is surrounded by local dining, national retailers, and city amenities. The asset is fully leased to a diverse mix of professional and medical tenants, including Westfield Bank, Brecksville Dermatology, Platelet Disorder Support Association, and Home Instead. Each provides essential services, fostering long-term tenancy and reliable cash flow. Fully renovated in 2004, the property has been well maintained and requires no immediate capital improvements. Clean NNN leases further reduce ownership responsibilities and limit exposure to operating cost fluctuations. Within a 3-mile radius, average household income exceeds $170,000. The 5-mile area is home to over 73,000 residents, offering both a robust customer base for tenants and long-term support for asset performance. Westfield Bank, the anchor tenant, occupies over 50% of the property and recently exercised an extension, reflecting their strong performance at this location. Their lease includes 2% annual escalations and a five-year renewal option, providing predictable income growth. The property has 10603 square feet. Projected year 1 NOI $243,460.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Brecksville
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6177
- Latitude
- 41.3049
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully leased retail and office property in prime location.
Where is this office building located?
The property is located at 8747 Brecksville Rd Brecksville, OH.
What is the asking price?
The asking price for this property is $3,320,000.
What are key features of this property?
This property features: 100% Leased with Projected Year 1 NOI of $243,460; Anchored by Westfield Bank (credit‑backed regional bank) occupying over 50% of the property with lease extension and annual escalations.; Located in a prime Main Street location in the affluent suburb of Brecksville, offering high visibility and foot traffic.
